Updated Aug 25, 2026
UNDER CONTRACTCondo
Iñigo Ardid Sells Condo At 619 Brickell Avenue For $2.928M With Buyer's Rep Karol Lomanto
619 Brickell Avenue
Building Size
1,172 SF
Asset Type
Condo
Closing
Aug 13, 2026
About this deal
AI
A condo located at 619 Brickell Avenue Unit 5405 in Miami has been placed under contract for a price of $2,928,000. The property features a total area of 1,172 square feet, resulting in a price per square foot of $2,498.
Summary of transaction details:
- Property Type: Condo (1-bedroom residence)
- Transaction Amount: $2,928,000
- Address: 619 Brickell Avenue Unit 5405
- Market: Miami
- Seller: Iñigo Ardid
- Buyer's Representative: Karol Lomanto - Alta Vita KSL Realty
The transaction marks a notable achievement for Karol Lomanto, representing the buyer in this deal, highlighting a successful venture for Alta Vita KSL Realty in Miami’s luxury real estate sector.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93