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94 Northeast 29th Street

Diego Ojeda Sells Condo At 94 Northeast 29th Street In Miami For $13.11M With Cervera Real Estate Brokers
SOLDCondo

Diego Ojeda Sells Condo At 94 Northeast 29th Street In Miami For $13.11M With Cervera Real Estate Brokers

94 Northeast 29th Street

$13,107,663

$1,121/SF

Building Size

11,692 SF

Asset Type

Condo

Closing

Jul 30, 2025

AI

The asset involved in this transaction is a condo located at 94 Northeast 29th Street in Miami. The property was sold for a price of $13,107,663 and encompasses a total of 11,692 square feet.

Summary of transaction details:

The transaction highlights significant activity in the neighborhood, which features notable developments including Amazon offices and proximity to well-known brands such as Whole Foods, Soho House, Sony Music, and Trader Joe’s. The area is marked by a vibrant real estate pace, evidenced by 10 sales in just one month, indicating strong market momentum.

Players

Uri Redler

Cervera Real Estate

Broker

$48.9M

vol

18 deals

Broker
Cervera Real Estate
Cervera Real EstateBrokerage
Diego Ojeda

Diego Ojeda

Seller

$170.5M

vol

9 deals

Seller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.21%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93