Sofia Petrov Acquires Office At 1200 Brickell Ave Miami From Elena Rossi For $795,000
1200 Brickell Ave #680
$795,000
$1,219/SF
Building Size
652 SF
Asset Type
Office
Closing
May 5, 2021
About this deal
AI
The property involved in the transaction is an office located at 1200 Brickell Ave, Miami. This office asset features a square footage of 652 and was sold for a transaction amount of $795,000.00.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $795,000.00
- Address: 1200 Brickell Ave, Miami
- Asset Size: 652 SF
- Buyer: Sofia Petrov
- Seller: Elena Rossi
- Broker: Arthur Porosoff
The deal saw Sofia Petrov purchasing the office from seller Elena Rossi, facilitated by broker Arthur Porosoff. This transaction reflects the collaboration between these key individuals in the real estate market.
Players
Miami Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
19.95%
Cash-on-Cash
-5.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93