Avram Friedman Acquires Condo Unit In Miami Beach For $12.35M
SOLD
$12,350,000
Florida
See Similar Deals3,992 SF
Sold 07/12/2022
SOLD
Avram Friedman Acquires Condo Unit In Miami Beach For $12.35M
10201 Collins Avenue, Miami, Florida 33154, United States
See Similar Deals3,992 SF
Sold 07/12/2022
Summary
FLORIDA
Price Per Square Foot:$3,093
Total Square Footage:3,992 SF
Transaction Type:Sale
The property involved in this transaction is a condo unit located at 10201 Collins Ave, Miami Beach, FL. The unit has a total area of 3,992 square feet. The sale took place on 07/12/2022.
Summary of transation details
- Property Type: Condo Unit
- Transaction Amount: $12,350,000
- Seller: Hizuru Ehara
- Buyer: Avram Friedman
- Price per Square Foot: $3,094
Hizuru Ehara acted as the seller in this deal, while Avram Friedman served as the buyer. The transaction was completed at a price of $12,350,000, with the unit's price per square foot amounting to $3,094.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$658,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,876.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,545.30
Annual Debt Service$702,543.61
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