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1000 Biscayne Boulevard

Senada Adzem & Kim Klotz Of Douglas Elliman Represent Buyer In Miami Multifamily Sale For $7.45M
SOLDMultiFamily

Senada Adzem & Kim Klotz Of Douglas Elliman Represent Buyer In Miami Multifamily Sale For $7.45M

1000 Biscayne Boulevard

$7,450,000

$4,431/SF

Building Size

1,681 SF

Asset Type

MultiFamily

Closing

Apr 3, 2025

AI

The property asset involved in this transaction is a multifamily building located at 1000 Biscayne Boulevard in Miami. The sale price of the property was $7,450,000. The square footage of the asset measures 1,681, with a price per square foot calculated at $4,431.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,450,000
  • Address: 1000 Biscayne Boulevard
  • Market: Miami
  • Square Footage: 1,681
  • Price Per Square Foot: $4,431
  • Buyer's Representative: Senada Adzem & Kim Klotz - Douglas Elliman
  • Seller's Representative: Eva Garzon - The Grand Lion Real Estate Group

The key individuals in this deal include the buyer's representatives, Senada Adzem and Kim Klotz, affiliated with Douglas Elliman. The seller's representative is Eva Garzon, representing The Grand Lion Real Estate Group, playing a crucial role in facilitating this transaction.

Players

Senada Adzem

Douglas Elliman

Broker

$657.6M

vol

28 deals

Broker
The Grand Lion Real Estate Group
The Grand Lion Real Estate GroupBrokerage

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.13%

Cash-on-Cash

-0.61%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93