Joe Alexander Acquires Condo On 900 Biscayne Blvd, Miami From Seller Harry Keller
SOLD
$1,872,000
Florida
See Similar DealsRetail6,917 SF
Sold 08/02/2022
SOLD
Joe Alexander Acquires Condo On 900 Biscayne Blvd, Miami From Seller Harry Keller
900 Biscayne Boulevard
See Similar DealsRetail6,917 SF
Sold 08/02/2022
Summary
FLORIDA
Asset Type:Retail
Price Per Square Foot:$270
Total Square Footage:6,917 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 900 Biscayne Blvd in Miami. The condo has a total square footage of 2,577, and the sale price for this property was $1,872,000, resulting in a price per square foot of $726.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,872,000
- Address: 900 Biscayne Blvd, Miami
- Buyer: Joe Alexander
- Seller: Harry Keller
- Brokers: Uccio Zecchini & Brandon Brugal - BZG International
Uccio Zecchini and Brandon Brugal from BZG International represented both the buyer and the seller in this transaction.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$99,840.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,650.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,874.24
Annual Debt Service$106,490.82
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