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
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