Joseph Levi Acquires Bay Harbor Islands Condo For $1.7M
9521 East Bay Harbor Drive
$1,700,000
$961/SF
Building Size
1,768 SF
Asset Type
Condo
Closing
Sep 18, 2023
About this deal
AI
A condo located at 9521 East Bay Harbor Drive in Bay Harbor Islands has been sold for a price of $1,700,000. The property spans across 1,768 square feet, resulting in a price per square foot of $962. This transaction was facilitated by Mark Pordes and Adam Kaufman of Adamark, who served as the seller's representatives. The sale was completed within a remarkably short period of less than three weeks.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,700,000
- Square Footage: 1,768
- Price per Square Foot: $962
- Address: 9521 East Bay Harbor Drive
- Market: Bay Harbor Islands
The buyer of this property is Joseph Levi, and Mark Pordes and Adam Kaufman acted as the seller's representatives in the deal. Through their expertise and efforts, they successfully facilitated the sale of this Bay Harbor Islands condo in a remarkably short period of time.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $961 per square foot on a published $1.7M for 1,768 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.33%
Cash-on-Cash
-2.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93