Fredy Guarin Sells Condo At 1100 Biscayne Boulevard Unit 6301 In Miami For $4.75M
1100 Biscayne Boulevard
$4,750,000
$1,239/SF
Building Size
3,831 SF
Asset Type
Condo
Closing
Sep 13, 2024
About this deal
AI
The property involved in the transaction is a condo located at 1100 Biscayne Boulevard Unit 6301 in the Miami market. It has a total square footage of 3,831 and was sold for a price of $4,750,000, which equates to a price per square foot of $1,239.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,750,000
- Square Footage: 3,831
- Price Per Square Foot: $1,239
- Address: 1100 Biscayne Boulevard Unit 6301
- Market: Miami
- Seller: Fredy Guarin
- Brokers: Juan Lozano & Juan Carlos Tobon - Tobon Group Real Estate - Cervera Real Estate
The transaction was facilitated by brokers Juan Lozano and Juan Carlos Tobon, representing the seller Fredy Guarin in the deal. Their association with Tobon Group Real Estate and Cervera Real Estate highlights the collaborative effort in closing this transaction.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.2K per square foot on a published $4.8M for 3,831 square feet (2024).
Visit Cervera Real Estate to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.34%
Cash-on-Cash
-0.95%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93