Danielle Epstein Purchases Condo At 6800 Indian Creek Drive For $3.995M With Broker Nicole Rapps
SOLD
$3,995,000
Florida
See Similar DealsCondo2,844 SF
Sold 02/19/2025
SOLD
Danielle Epstein Purchases Condo At 6800 Indian Creek Drive For $3.995M With Broker Nicole Rapps
6800 Indian Creek Drive
See Similar DealsCondo2,844 SF
Sold 02/19/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,404
Total Square Footage:2,844 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 6800 Indian Creek Drive Unit 3A in Miami Beach. The condo has a sale price of $3,995,000, encompasses a total square footage of 2,844, and has a price per square foot of $1,404.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $3,995,000
- Address: 6800 Indian Creek Drive Unit 3A
- Market: Miami Beach
- Square Footage: 2,844
- Price per Square Foot: $1,404
- Buyer: Danielle Epstein
- Seller: Zachary Gibbs & Allison Gibbs
- Buyer's Representative: Nicole Rapps - The Inside Network
- Seller's Representatives: Roland Ortiz & Eddy Martinez - Sotheby's International Realty
This transaction involved Danielle Epstein as the buyer, represented by Nicole Rapps from The Inside Network. The sellers, Zachary Gibbs and Allison Gibbs, were represented by agents Roland Ortiz and Eddy Martinez from Sotheby's International Realty.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$213,066.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,193.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,938.34
Annual Debt Service$227,260.06
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