Updated Mar 11, 2025
Sunny 4205 LLC Acquires Condo In Sunny Isles Beach For $5.05M
15701 Collins Ave, North Miami Beach, Fl 33160, Usa
$5,050,000
$1,387/SF
Building Size
3,640 SF
Asset Type
—
Closing
May 3, 2020
About this deal
AI
Located at 15701 Collins Avenue in Sunny Isles Beach, this condominium property was recently sold in a closed transaction. The property consists of a spacious 3,640 square feet and boasts a price of $5,050,000, resulting in a price per square foot of $1,387.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,050,000
- Address: 15701 Collins Avenue
- Market: Sunny Isles Beach
The buyer, Sunny 4205 LLC represented by Eduardo Zundelevich Kauffman, acquired the property from the seller, Fortune International Group, and Edgardo Defortuna of Château Group. Facilitating the transaction was broker Diego Arnaud of DA Luxury Realty.
On the Map
$5,050,000
$1,387/SF
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Players
North Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.14%
Cash-on-Cash
-0.90%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93