4140 Olde Washington LLC Acquires Condo In Bal Harbour For $5.1M
10201 Collins Ave, Bal Harbour, FL, USA
$5,100,000
$1,472/SF
Building Size
3,464 SF
Asset Type
—
Closing
Jan 21, 1921
AI
A condominium located at 10201 Collins Ave in Bal Harbour has been sold in a recent transaction. The property, spanning 4,185 square feet, was sold for a price of $5,100,000. The buyer, 4140 Olde Washington LLC, acquired the condo from the seller, Konstantin Bektasheva. The sale was facilitated by Moshe Goldshtein from Harding Realty, representing the buyer, and Pietro Belmonte from Douglas Elliman, representing the seller.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,100,000
- Address: 10201 Collins Ave, Bal Harbour
- Square Footage: 4,185
- Buyer: 4140 Olde Washington LLC
- Seller: Konstantin Bektasheva
- Buyer's Representative: Moshe Goldshtein - Harding Realty
- Seller's Representative: Pietro Belmonte - Douglas Elliman
The sale of this condominium marks a successful transaction in the Bal Harbour real estate market. Both the buyer, 4140 Olde Washington LLC, and the seller, Konstantin Bektasheva, were represented by experienced professionals in the industry. Moshe Goldshtein, from Harding Realty, advocated for the buyer during the negotiation process. Pietro Belmonte, from Douglas Elliman, represented the seller's interests, ensuring a smooth transaction for all parties involved.
Players
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93