Jon Paul Pérez & Nick Pérez Of Related Group Sell Miami Condo For $47M
1809 Brickell Avenue
$47,000,000
$4,694/SF
Building Size
10,012 SF
Asset Type
Condo
Closing
Jul 31, 2026
AI
The Charles penthouse at The St. Regis Residences is a condo located at 1809 Brickell Avenue in Miami, FL. The property has a sale price of $47,000,000, encompassing a total area of 10,012 square feet. The price per square foot for this luxury condominium is $4,694.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $47,000,000
- Address: 1809 Brickell Avenue
- Market: Miami, FL
- Seller: Jon Paul Pérez & Nick Pérez - Related Group
- Square Feet: 10,012
- Price Per Square Foot: $4,694
This transaction is significant as it represents one of the highest-priced condominium sales in the Brickell market's history, contributing to the luxury waterfront project's total sales of approximately $900 million, and indicating a projected nearly $1 billion sellout by 2027.
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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
0.34%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93