Elliot Machado Of Serhant Represents Buyer In $3.75M Sale Of Brickell Condo
1000 Brickell Plaza
$3,750,000
$1,601/SF
Building Size
2,342 SF
Asset Type
Condo
Closing
Mar 10, 2026
About this deal
AI
The transaction involved a condo located at 1000 Brickell Plaza Unit PH6002 in the Miami market. The sale price was set at $3,750,000, and the condo encompasses a total area of 2,342 square feet, resulting in a price per square foot of $1,601.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $3,750,000
- Square Footage: 2,342
- Price per Square Foot: $1,601
- Buyer's Representative: Elliot Machado - Serhant
- Seller's Representatives: Matias Alem & Christina West Alem - BRG International
- Date of Transaction: 03/10/2026
- Market: Miami
- Note: Record-breaking sale. Listed and sold in just 30 days.
The deal involved key representatives, with Elliot Machado from Serhant representing the buyer. On the seller's side, Matias Alem and Christina West Alem from BRG International acted as the representatives. This transaction is notable for its swift closure within 30 days after listing.
On the Map
$3,750,000
$1,601/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.23%
Cash-on-Cash
-1.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93