AG Puente Investments Two LLC Purchases Single Family Residence From Brickell 3601 LLC For $1.75M
1435 Bricklell Avenue #3601
$1,750,000
$899/SF
Building Size
1,946 SF
Asset Type
Single Family Residence
Closing
May 9, 2024
AI
The property involved in this transaction is a Single Family Residence located at 1435 Bricklell Avenue. The sale price for the property was $1,750,000.00, and it encompasses a total square footage of 1,946.0.
Summary of transation details:
- Property Type: Single Family Residence
- Transaction Amount: $1,750,000.00
- Address: 1435 Bricklell Avenue
- Square Footage: 1,946.0
- Buyer: AG Puente Investments Two LLC
- Seller: Brickell 3601 LLC
- Broker Representatives: Charlie Rua - Rua Realty, Tiffany Otero - Rua Realty, Karim Daneri - KD Prime Properties International
- Sale Date: 05/09/2024
This transaction involved a collaboration among several brokers, specifically Charlie Rua, Tiffany Otero from Rua Realty, and Karim Daneri with KD Prime Properties International, reflecting a coordinated effort in the sale process. The buyer, AG Puente Investments Two LLC, acquired the property from the seller, Brickell 3601 LLC.
Players
Miami Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93