Ariel Teodoro Hollender Of Compass Represents Buyer In Aventura Condo Sale For $1.85M
$1,850,000
$564/SF
Building Size
3,280 SF
Asset Type
Condo
Closing
Nov 6, 2024
AI
A spacious condo asset located in Aventura with a sale price of $1,850,000. The property covers an area of 3,280 square feet, resulting in a price per square foot of $564. The condo is part of Hamptons South, situated on the prestigious Country Club Drive, offering views of the Intracoastal Waterway and Golden Beach leading to the Atlantic Ocean.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,850,000
- Square Footage: 3,280
- Price per Square Foot: $564
- Buyer's Representative: Ariel Teodoro Hollender - Compass
Ariel Teodoro Hollender represented the buyer in this transaction, facilitating the deal as a real estate advisor with Compass FL LLC. The transaction underscores the premium condominium opportunities available in Aventura.
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
8.57%
Cash-on-Cash
-2.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93