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Ariel Teodoro Hollender Of Compass Represents Buyer In Aventura Condo Sale For $1.85M
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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.

Players

Ariel Teodoro Hollender

Compass

Broker

$22.8M

vol

12 deals

Broker

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