SOLDCondo
Tyler Durden Acquires Miami Condo From Steven Cronig For $8.7 Million With Jackson Keddell As The Broker
175 Southeast 25th Road
$8,700,000
$1,841/SF
Building Size
4,725 SF
Asset Type
Condo
Closing
Feb 11, 2025
AI
The condo located at 175 Southeast 25th Road PH4002 in Miami was sold for $8,700,000. The property spans 4,725 square feet and has a price per square foot of $1,841.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,700,000
- Address: 175 Southeast 25th Road PH4002
- Market: Miami
- Buyer: Tyler Durden
- Seller: Steven Cronig
- Broker: Jackson Keddell - Douglas Elliman
Jackson Keddell represented the seller, Steven Cronig, in this transaction, facilitating the sale to buyer Tyler Durden.
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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93