NZC Miami LLC Purchases Penthouse From Vlad Doronin Of OKO Group And Jonathan Goldstein Of Cain International For $17.75M
175 Southeast 25th Road
$17,750,000
$2,505/SF
Building Size
7,084 SF
Asset Type
Condo
Closing
May 11, 2026
AI
A three-level penthouse located at 175 Southeast 25th Road Unit 4402 in Miami, FL has been sold for $17,750,000. The condo measures 7,084 square feet, resulting in a price per square foot of $2,506. This unit is situated at the top of a 47-story tower and includes six bedrooms, multiple terraces, and private pool amenities. The project has successfully sold 106 of 135 total units.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $17,750,000
- Square Footage: 7,084
- Price per Square Foot: $2,506
- Buyer: NZC Miami LLC
- Seller: Vlad Doronin - OKO Group; Jonathan Goldstein - Cain International
The sale was facilitated by a joint venture between OKO Group and Cain International, representing significant collaboration in the transaction process. The involvement of these companies highlights their commitment to the Miami real estate market.
Players
Market 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
0.89%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93