Sergio Checo Perez Purchases Condo From Related Group For $9.57M With Buyer’s Rep Hans Baumgartner
1809 Brickell Avenue
$9,570,000
$2,600/SF
Building Size
3,680 SF
Asset Type
Condo
Closing
Feb 26, 2025
About this deal
AI
The property asset involved in this transaction is a condominium located at 1809 Brickell Avenue, Miami. It has a sale price of $9,570,000, covering a total area of 3,680 square feet, which translates to a price per square foot of $2,600.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $9,570,000
- Address: 1809 Brickell Avenue
- Market: Miami
- Square Footage: 3,680
- Price per Square Foot: $2,600
- Buyer: Sergio Checo Perez
- Seller: Related Group
- Buyer's Representative: Hans Baumgartner - Miami Real Investment
- Seller's Representative: Adriana Brito - Fortune International Realty
Key individuals involved in the deal include Sergio Checo Perez as the buyer and Related Group as the seller. The buyer is represented by Hans Baumgartner from Miami Real Investment, while the seller is represented by Adriana Brito from Fortune International Realty.
On the Map
$9,570,000
$2,600/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.6K per square foot on a published $9.6M for 3,680 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.66%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93