facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

All

/

Sale

/

10201 Collins Avenue, Bal H...

GC Acquires Bal Harbour Condo Unit For $3.9M With Buyer's Rep Matias Derito Conway And Seller's Rep Martina Colombres
SOLD

GC Acquires Bal Harbour Condo Unit For $3.9M With Buyer's Rep Matias Derito Conway And Seller's Rep Martina Colombres

10201 Collins Avenue, Bal Harbour, FL 33154

$3,900,000

$1,752/SF

Building Size

2,226 SF

Asset Type

Closing

Apr 22, 2021

AI

The condo located at 10201 Collins Avenue, Unit 1807W in Bal Harbour has been sold. The property, with a size of 2,226 square feet, was part of a closed transaction on April 23, 2021. The seller, Consultatio Bal Harbour, was represented by Martina Colombres of Consultatio Realty LLC. The buyer, GC, worked with Matias Derito Conway of HQ International Realty Group as their representative in the deal.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $3,900,000
  • Asking Price: $4,274,000
  • Price per Square Foot: $1,752
  • Market: Bal Harbour

The sale price of the condo was $3,900,000, which was negotiated from the original asking price of $4,274,000. The property offers 2,226 square feet of space, resulting in a price per square foot of $1,752.

The seller, Consultatio Bal Harbour, trusted Martina Colombres of Consultatio Realty LLC to assist in the transaction. On the buyer's side, GC enlisted the expertise of Matias Derito Conway from HQ International Realty Group. This closed deal showcases the collaborative efforts of these individuals and companies in the real estate market of Bal Harbour.

Players

Matias Derito Conway

Broker

$48.7M

vol

10 deals

Broker
CH
Consultatio Bal HarbourSeller

Bal Harbour CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.07%

Cash-on-Cash

-1.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93