Batsheba Korine Represents Buyer In $5.6M Condo Sale At Aria Reserve
Aria Reserve
$5,625,000
$832/SF
Building Size
6,760 SF
Asset Type
Co-Op
Closing
Dec 19, 2022
AI
UNDER CONTRACT at Aria Reserve in Edgewater, a waterfront condo with stunning unobstructed direct views of Biscayne Bay, is set to change hands. The property, located at 700 NE 24th St Suite A, is a spacious PH Mansion spanning 6,760 square feet. The sale price for this luxury condo is $5,625,000, resulting in a price per square foot of $832.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,625,000
- Address: 700 NE 24th St Suite A, Edgewater
- Market: Edgewater
- Seller: Melo Group
- Seller's Representative: Claudia Eusse
- Buyer's Representative: Batsheba Korine - BROKERS LLC
- Square Footage: 6,760
- Price per Square Foot: $832
Batsheba Korine from BROKERS LLC represents the buyer in this transaction. For more information about the project or to inquire about the property, you can contact Batsheba Korine at (305) 965-9175 or via email at [email protected].
Players
Shomron Regional Council Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.82%
Cash-on-Cash
-0.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93