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10155 Collins Ave, Bal Harb...

Jennifer Goldstein & Pietro Belmonte Acquire Bal Harbour Condo For $1.71M
SOLD

Jennifer Goldstein & Pietro Belmonte Acquire Bal Harbour Condo For $1.71M

10155 Collins Ave, Bal Harbour, FL, USA

$1,710,000

$518/SF

Building Size

3,300 SF

Asset Type

Closing

Apr 29, 2021

AI

A condo unit located at 10155 Collins Ave, Unit 1003 in Bal Harbour was recently sold. The transaction took place on 04/30/2021. The property offers a total of 2,525 square feet of space. The condo was bought for $1,710,000, which is slightly lower than the asking price of $1,799,000. The price per square foot is approximately $677.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $1,710,000
  • Address: 10155 Collins Ave, Unit 1003
  • Market: Bal Harbour

The buyer was represented by Pietro Belmonte and Jennifer Goldstein, and the seller was represented by Teo Palmieri.

Note: No additional information is available regarding the property or the individuals involved in the deal.

Players

Jennifer Goldstein

Douglas Elliman

Broker

$161.2M

vol

33 deals

Broker

Bal Harbour 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

9.28%

Cash-on-Cash

-2.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93