SOLDCondo
Tony Robbins Acquires Miami Penthouse From Ryan Shear For $25 Million With Rick Teed As Buyer's Rep
300 Biscayne Boulevard
$21,500,000
$2,845/SF
Building Size
7,555 SF
Asset Type
Condo
Closing
Jun 3, 2024
About this deal
AI
A penthouse located at 300 Biscayne Boulevard Unit PH in the Miami market has been sold for $25,000,000. The asset encompasses 7,555 square feet, resulting in a price per square foot of $3,309.
Summary of transaction details:
- Property Type: Penthouse
- Transaction Amount: $25,000,000
- Address: 300 Biscayne Boulevard Unit PH
- Market: Miami
- Square Footage: 7,555
- Price Per Square Foot: $3,309
- Buyer: Tony Robbins
- Seller: Ryan Shear - Property Markets Group
- Buyer's Representative: Rick Teed - The Agency
The transaction involved prominent individuals in the real estate industry, with Ryan Shear representing the seller, Property Markets Group. Rick Teed acted as the buyer's representative from The Agency, facilitating the deal for Tony Robbins.
On the Map
$21,500,000
$2,845/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.8K per square foot on a published $21.5M for 7,555 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.74%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93