Chad Carroll & Cali Kaufman Of The Chad Carroll Group Sell Miami Condo For $14M
SOLD
$14,000,000
Florida
See Similar DealsCondo6,476 SF
Sold 11/30/2025
SOLD
Chad Carroll & Cali Kaufman Of The Chad Carroll Group Sell Miami Condo For $14M
2821 South Bayshore Drive
See Similar DealsCondo6,476 SF
Sold 11/30/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,161
Total Square Footage:6,476 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$746,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$49,739.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$66,367.14
Annual Debt Service$796,405.71
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