Giovanni & Stefano Giusto Sell Miami Beach Condo For $8.99M
Miami Beach, FL, USA
$8,999,771
$3,949/SF
Building Size
2,279 SF
Asset Type
Condo
Closing
Sep 21, 2021
AI
A condo in Miami Beach has been sold for $8,999,771. The property spans approximately 2,279 square feet, resulting in a price per square foot of $3,949. The transaction took place on 09/21/2021.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,999,771
- Market: Miami Beach
- Seller: Giovanni & Stefano Giusto
- Brokers: Stefania Cambarau & David Siddons (Douglas Elliman), Vittoria Ruzzi (Luxe Living Realty)
The condo, located in Miami Beach, was sold by Giovanni & Stefano Giusto. The deal was facilitated by Stefania Cambarau and David Siddons from Douglas Elliman, as well as Vittoria Ruzzi from Luxe Living Realty.
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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93