Nathan Shore Of Douglas Elliman Represents Buyer In $3,672,000 Condo Sale In Miami
SOLD
$3,672,000
Florida
See Similar DealsCondo3,415 SF
Sold 04/17/2026
SOLD
Nathan Shore Of Douglas Elliman Represents Buyer In $3,672,000 Condo Sale In Miami
1331 Brickell Bay Drive
See Similar DealsCondo3,415 SF
Sold 04/17/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,075
Total Square Footage:3,415 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 1331 Brickell Bay Drive Unit 4201 in the Miami market. The unit encompasses a total area of 3,415 square feet and was sold for $3,672,000, resulting in a price per square foot of $1,075.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $3,672,000
- Address: 1331 Brickell Bay Drive Unit 4201
- Market: Miami
- Square Footage: 3,415
- Price Per Square Foot: $1,075
- Buyer's Representative: Nathan Shore - Douglas Elliman
Nathan Shore of Douglas Elliman represented the buyer in this transaction, facilitating the purchase of the condo. His role involved navigating the complexities of the deal to ensure a successful transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$195,840.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,045.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,407.15
Annual Debt Service$208,885.84
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