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2700 Northwest 2nd Avenue

Updated Aug 7, 2026

Carlos Pena Of MAK Realty Group Represents Buyer In Miami Condo Sale For $3,384,500
SOLDCondo

Carlos Pena Of MAK Realty Group Represents Buyer In Miami Condo Sale For $3,384,500

2700 Northwest 2nd Avenue

$3,384,500

$1,422/SF

Building Size

2,380 SF

Asset Type

Condo

Closing

May 18, 2026

About this deal

AI

The property involved in this transaction is a condo located at 2700 Northwest 2nd Avenue, Miami. It was sold for $3,384,500, featuring a total square footage of 2,380 and a price per square foot of $1,422.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,384,500
  • Square Footage: 2,380
  • Price per Square Foot: $1,422
  • Buyer’s Representative: Carlos Pena - MAK Realty Group
  • Market: Miami

All five units purchased in this transaction will be managed post-closing by MAK Vacation Rentals, the affiliated property management arm of MAK Realty Group. The buyers successfully acquired the units and placed them into rental operation through a single firm. Notably, NoMad Residences Wynwood allows short-term rentals and the units are delivered fully furnished.

Players

Carlos Pena

MAK Realty Group

Broker

$3.4M

vol

1 deal

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $1.4K per square foot on a published $3.4M for 2,380 square feet (2026).

Visit MAK Realty Group to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.69%

Cash-on-Cash

-1.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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