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456 Northeast 29th Street

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

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

456 Northeast 29th Street

$2,938,000

$1,087/SF

Building Size

2,701 SF

Asset Type

Condo

Closing

Oct 11, 2025

AI

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

Luxury Partners Realty

Broker

$2.9M

vol

1 deal

Broker
OneWorld Properties
OneWorld PropertiesBrokerage
OneWorld Properties
OneWorld PropertiesSeller

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

5.40%

Cash-on-Cash

-1.54%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93