Douglas Elliman Represents Buyer In $4.5M Condo Sale In Bal Harbour
10201 Collins Avenue, Bal Harbour, FL, USA
$4,500,000
$2,093/SF
Building Size
2,150 SF
Asset Type
—
Closing
Oct 15, 2021
About this deal
AI
The property involved in this transaction is a condo located at 10201 Collins Ave, Bal Harbour. The condo spans a total area of 2,150 square feet. The sale price for this property was $4,500,000, with an asking price of $4,999,999. This translates to a price per square foot of $2,093.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,500,000
- Address: 10201 Collins Ave, Bal Harbour
- Square Footage: 2,150
The sellers in this transaction were Samuel Friedman, Jonathan Friedman, and Laurie Ruckel. On the other hand, Jackson Keddell from Douglas Elliman represented the buyer. The seller's representative was Mauricio Mohrer from Beachfront Realty Inc.
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
3.53%
Cash-on-Cash
-1.01%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93