facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

788 Northeast 23rd Street

Condos In Miami Sold For $4.5 Million With Brokers Nathan Shore And Jason Zarco
SOLDCondo

Condos In Miami Sold For $4.5 Million With Brokers Nathan Shore And Jason Zarco

788 Northeast 23rd Street

$4,500,000

$1,288/SF

Building Size

3,492 SF

Asset Type

Condo

Closing

Feb 4, 2025

AI

The property asset involved in the transaction is a condo located at 788 Northeast 23rd Street Unit 5602 in Miami. The condo has a total area of 3,492 square feet and was sold for a price of $4,500,000, which translates to a price per square foot of $1,288.

Summary of transaction details:

The transaction involved multiple brokers who played key roles in facilitating the deal. Nathan Shore, Ben Jacobs, Jessica Chestler, and Jade Chan represented the seller through Douglas Elliman, while Jason Zarco represented the buyer from Berkshire Hathaway HomeServices EWM Realty.

Players

Ben Jacobs

Douglas Elliman

Broker

$50M

vol

6 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.53%

Cash-on-Cash

-1.01%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93