Cryptocurrency Sale In Miami Nets $7.2M For Condo, Buyer's Rep Madison Roberts - Oppenheim Realty, Seller's Rep The Keith & Sonia Team
Miami, FL, USA
$7,200,000
$1,565/SF
Building Size
4,600 SF
Asset Type
Condo
Closing
Aug 4, 2021
AI
A condo in Miami has been sold for $7,200,000 in a cryptocurrency transaction. The property, measuring 4,600 square feet, was sold at a price per square foot of $1,565. The sale was facilitated by Madison Roberts from Oppenheim Realty, who represented the cryptocurrency buyer.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $7,200,000
- Market: Miami
- Cryptocurrency: Yes
- Square Footage: 4,600
- Price per Square Foot: $1,565
The Keith & Sonia Team from Brown Harris Stevens represented the sellers, Keith Marks and Sonia Toth. The team played a key role in facilitating the transaction.
Players
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
2.20%
Cash-on-Cash
-0.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93