facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

77 Southeast 5th Street

John Minor Acquires Condo From Related Group For $1,497,900 In Miami With Justin Knops As Buyer's Rep
SOLDCondo

John Minor Acquires Condo From Related Group For $1,497,900 In Miami With Justin Knops As Buyer's Rep

77 Southeast 5th Street

$1,497,900

$1,053/SF

Building Size

1,422 SF

Asset Type

Condo

Closing

Mar 17, 2026

AI

The property asset involved in this transaction is a condo located at 77 Southeast 5th Street Unit 1603 in the Miami market. It was sold for a price of $1,497,900 and has a total square footage of 1,422, resulting in a price per square foot of $1,053.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,497,900
  • Address: 77 Southeast 5th Street Unit 1603
  • Market: Miami
  • Square Footage: 1,422
  • Price per Square Foot: $1,053
  • Buyer: John Minor
  • Seller: Related Group
  • Buyer's Representative: Justin Knops - The Agency

The key individuals involved in this deal are John Minor as the buyer, who purchased the condo, and Related Group, acting as the seller. Justin Knops from The Agency represented the buyer in this transaction, facilitating the process.

Players

Justin Knops

The Agency

Broker

$9.3M

vol

4 deals

Broker
Related Group
Related GroupSeller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.59%

Cash-on-Cash

-3.03%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93