Tony Scott Purchases Condo At 495 Brickell Avenue From Theador Abot For $1M
SOLD
$1,000,000
Florida
See Similar DealsCondo1,327 SF
Sold 01/16/2025
SOLD
Tony Scott Purchases Condo At 495 Brickell Avenue From Theador Abot For $1M
495 Brickell Avenue
See Similar DealsCondo1,327 SF
Sold 01/16/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$753
Total Square Footage:1,327 SF
Transaction Type:Sale
The asset involved in this transaction is a condo located at 495 Brickell Avenue Unit 5710 in Miami. The property was sold for $1,000,000 and spans 1,327 square feet, resulting in a price per square foot of $753.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,000,000
- Address: 495 Brickell Avenue Unit 5710
- Market: Miami
- Buyer: Tony Scott
- Seller: Theador Abot
- Broker: Oriel Arusy - The Real Estate Lab
- Square Footage: 1,327
- Price Per Square Foot: $753
Oriel Arusy represented both the seller and the buyer in this sale. Oriel's expertise in luxury real estate transactions is supported by an extensive network of sellers and buyers across Brickell, Bal Harbour, Aventura, and Hollywood.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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