Tony Scott Purchases Condo At 495 Brickell Avenue From Theador Abot For $1M
495 Brickell Avenue
$1,000,000
$753/SF
Building Size
1,327 SF
Asset Type
Condo
Closing
Jan 16, 2025
AI
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.
Players
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
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93