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
About this deal
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.
On the Map
$8,999,771
$3,949/SF
Condo
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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