Former MLB Player Pablo Sandoval Acquires Miami Condo For $2M
Miami, Florida, United States
$2,000,000
Building Size
—
Asset Type
Condo
Closing
Dec 28, 2021
AI
Pablo Sandoval, a former MLB player, has purchased a condo in Miami for $2,000,000. The transaction took place on 02/11/2023 and involved the seller, Newgard Enhancement Group. The buyer was represented by Karyna Texeira from Brokers LLC, while Jeffrey Abreu and Dali Hernandez from Cervera Serious Estate represented the seller.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $2,000,000
- Market: Miami
- Buyer: Pablo Sandoval - Former MLB Player
- Seller: Newgard Enhancement Group
- Buyer's Representative: Karyna Texeira - Brokers LLC
- Seller's Representatives: Jeffrey Abreu & Dali Hernandez - Cervera Serious Estate
- Date: 02/11/2023
The deal involved key individuals such as Pablo Sandoval, a former MLB player, as the buyer. The seller, Newgard Enhancement Group, was represented by Jeffrey Abreu and Dali Hernandez from Cervera Serious Estate. Karyna Texeira from Brokers LLC acted as the buyer's representative in the transaction.
Players
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
7.93%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93