Matthew Dugow And Eli Faitelson Of Compass Broker Sale Of Miami Condo For $6.43M
SOLD
$6,430,000
Florida
See Similar DealsCondo4,085 SF
Sold 10/17/2025
SOLD
Matthew Dugow And Eli Faitelson Of Compass Broker Sale Of Miami Condo For $6.43M
2675 South Bayshore Drive
See Similar DealsCondo4,085 SF
Sold 10/17/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,574
Total Square Footage:4,085 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 2675 South Bayshore Drive Unit 602S in the Miami market. The asset was sold for $6,430,000, encompasses a total area of 4,085 square feet, and has a price per square foot of $1,574.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,430,000
- Square Footage: 4,085
- Price Per Square Foot: $1,574
- Address: 2675 South Bayshore Drive Unit 602S
- Market: Miami
- Buyer & Seller's Rep: Matthew Dugow & Eli Faitelson - Compass
- Date of Transaction: 10/17/2025
The key individuals in the transaction are Matthew Dugow and Eli Faitelson, both representing the buyer and seller, affiliated with the agency Compass. Their involvement facilitated the closing of this condo transaction within the specified market area.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$342,933.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,844.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,481.48
Annual Debt Service$365,777.77
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