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
About this deal
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:
- Property Type: Condo
- Transaction Amount: $4,500,000
- Square Footage: 3,492
- Price Per Square Foot: $1,288
- Address: 788 Northeast 23rd Street Unit 5602
- Market: Miami
- Brokers involved: Nathan Shore, Ben Jacobs, Jessica Chestler, and Jade Chan - Douglas Elliman; Jason Zarco - Berkshire Hathaway HomeServices EWM Realty
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.
On the Map
$4,500,000
$1,288/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $4.5M for 3,492 square feet (2025).
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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