Chad Carroll & Cali Kaufman Of The Chad Carroll Group Sell Miami Condo For $14M
2821 South Bayshore Drive
$14,000,000
$2,161/SF
Building Size
6,476 SF
Asset Type
Condo
Closing
Nov 30, 2025
About this deal
AI
The property involved in the transaction is a condo located at 2821 South Bayshore Drive UNIT 20AB in the Miami market. The asset was sold for $14,000,000 and has a total square footage of 6,476, resulting in a price per square foot of $2,161.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $14,000,000
- Square Footage: 6,476
- Price Per Square Foot: $2,161
- Address: 2821 South Bayshore Drive UNIT 20AB
- Market: Miami
- Buyer & Seller's Rep: Chad Carroll & Cali Kaufman - The Chad Carroll Group - Compass
Chad Carroll and Cali Kaufman, both representing The Chad Carroll Group at Compass, facilitated this transaction, providing their expertise in the Miami market throughout the selling process.
On the Map
$14,000,000
$2,161/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.13%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93