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SB Development Group Hazelton Capital Group And OneWorld Properties Sell Cove Miami Condo For $2.94M

Property Image
SOLD
$2,938,000

Florida

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Condo2,701 SF
Sold 10/12/2025
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Property Image
SOLD

SB Development Group Hazelton Capital Group And OneWorld Properties Sell Cove Miami Condo For $2.94M

456 Northeast 29th Street

See Similar Deals
Condo2,701 SF
Sold 10/12/2025
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,087
Total Square Footage:2,701 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 456 Northeast 29th Street Unit 2701 in Miami. The sale price was $2,938,000, covering a total square footage of 2,304 with a price per square foot of $1,275.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,938,000
  • Square Footage: 2,304
  • Price per Square Foot: $1,275
  • Market: Miami
  • Seller: SB Development Group, Hazelton Capital Group & OneWorld Properties
  • Brokers: Joseph Mishkin - Luxury Partners Realty; Hila Dror - OneWorld Properties

This transaction involved key individuals and companies such as Joseph Mishkin representing Luxury Partners Realty and Hila Dror from OneWorld Properties, both of whom played crucial roles in facilitating the sale of the property by the sellers. Their involvement underscores the collaborative effort undertaken to secure the deal in the competitive Miami market.

Players

Joseph Mishkin
1 deal$2.9M volume(561) 901-8192
BROKER

Hila Dror
OneWorld Properties
1 deal$2.9M volume(954) 995-1926
BROKER

OneWorld Properties
BROKERAGE


Details

SOLD
IMAGE: Adam Westreich, Joseph Stern & Joseph Mishkin DATE: 10/12/2025 ADDRESS: 456 Northeast 29th Street Unit 2701 – Cove Miami MARKET: Miami ASSET TYPE: Condo SELLER: SB Development Group (@SBD1oak), Hazelton Capital Group (@HazeltonCapitalGroup) & OneWorld Properties BROKERS: Joseph Mishkin - Luxury Partners Realty (@LuxuryPartnersRealty); Hila Dror (@DrorHila) - OneWorld Properties SALE PRICE: $2,938,000 SF: 2,304 ~ PPSF: $1,275 NOTE: ARTICLE URL: https://www.covemia.com/?utm_source=Traded&utm_medium=traded&utm_campaign=Traded+Deal+Article

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$156,693.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,438.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,927.62
Annual Debt Service$167,131.43