Ariel Teodoro Hollender Of Compass Represents Buyer In Aventura Condo Sale For $1.85M
SOLD
$1,850,000
Florida
See Similar DealsCondo3,280 SF
Sold 11/06/2024
SOLD
Ariel Teodoro Hollender Of Compass Represents Buyer In Aventura Condo Sale For $1.85M
Condo3,280 SF
Sold 11/06/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$564
Total Square Footage:3,280 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$98,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,572.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,769.94
Annual Debt Service$105,239.33
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