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Mandarin Oriental Miami

Updated Jul 31, 2026

Eduardo Cofresi Of Cofresi Group Sells Condo At Mandarin Oriental Miami For $7,150,000
SOLDCondo

Eduardo Cofresi Of Cofresi Group Sells Condo At Mandarin Oriental Miami For $7,150,000

Mandarin Oriental Miami

$7,150,000

$1,881/SF

Building Size

3,800 SF

Asset Type

Condo

Closing

Jul 31, 2026

About this deal

AI

A condo located at 500 Brickell Key Drive Unit 3504 in Mandarin Oriental Miami has been sold. The transaction took place at a sale price of $7,150,000. This residence encompasses 2,648 square feet, resulting in a price per square foot of $2,700. The property is situated in the Miami market and is associated with the prestigious Mandarin Oriental brand.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,150,000
  • Sale Date: 07/31/2026
  • Seller: Swire Properties, US
  • Seller’s Representative: Eduardo Cofresi - Cofresi Group
  • Buyer’s Representative: Maria Luisa Giammarresi - Interinvestments Realty
  • Square Footage: 2,648
  • Price Per Square Foot: $2,700

The deal was facilitated by Maria Luisa Giammarresi from Interinvestments Realty, who successfully represented the buyer. Acknowledgments were made to Eduardo Cofresí and the Cofresi Group for their collaboration throughout the transaction, reflecting the professionalism and expertise involved in navigating high-value acquisitions.

Players

Maria Luisa Giammarresi

Interinvestments Realty

Broker

$7.2M

vol

1 deal

Broker

Eduardo Cofresi

Cofresi Group

Seller

$7.2M

vol

1 deal

Seller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $1.9K per square foot on a published $7.2M for 3,800 square feet (2026).

Visit Interinvestments Realty to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.22%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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