Robert Del Bon Sells Condo At 480 Northeast 31st Street For $2.15M With Brokers Daniela Pelliciotti And Brittany Saenz
480 Northeast 31st Street
$2,150,000
$1,191/SF
Building Size
1,804 SF
Asset Type
Condo
Closing
Apr 8, 2025
AI
The asset involved in the transaction is a condo located at 480 Northeast 31st Street Unit 2104 in Miami. It was sold for a price of $2,150,000 and features a square footage of 1,804, resulting in a price per square foot of $1,191.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,150,000
- Address: 480 Northeast 31st Street Unit 2104
- Market: Miami
- Square Footage: 1,804
- Price per Square Foot: $1,191
- Seller: Robert Del Bon
- Buyer's Representative: Brittany Saenz - The Lab Realty Group
- Seller's Representative: Daniela Pelliciotti - Condoideas Realty Group
- Attorney: Annette Lopez - Law offices of Annette Lopez
In this transaction, Brittany Saenz represented the buyer while Daniela Pelliciotti represented the seller. The legal aspects of the deal were managed by attorney Annette Lopez.
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
7.38%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93