Eyal Orgad Purchases Miami Condo From Ben D. Kessler For $4.025M With Cecilia Hinojosa As Buyer's Rep
SOLD
$4,025,000
Florida
See Similar DealsCondo3,788 SF
Sold 04/10/2025
SOLD
Eyal Orgad Purchases Miami Condo From Ben D. Kessler For $4.025M With Cecilia Hinojosa As Buyer's Rep
700 Ne 26 Ter
See Similar DealsCondo3,788 SF
Sold 04/10/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,062
Total Square Footage:3,788 SF
Transaction Type:Sale
700 Northeast 26th Terrace Unit 4003, Miami, Florida 33137 is a condo that recently sold for $4,025,000. The property spans 3,788 square feet, resulting in a price per square foot of $1,062, within the Miami market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,025,000
- Buyer: Eyal ORGAD
- Seller: Ben D. Kessler
- Buyer's Representative: Cecilia Hinojosa - The Corcoran Group
- Date of Sale: 04/10/2025
This transaction highlights the role of Cecilia Hinojosa from The Corcoran Group, who represented the buyer in this deal. The involvement of both a buyer and a seller indicates a completed property transfer in the real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$214,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,299.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,080.55
Annual Debt Service$228,966.64
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