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

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SOLD
$3,900,000

Florida

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2,226 SF
Sold 04/23/2021
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Property Image
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

See Similar Deals
2,226 SF
Sold 04/23/2021
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Summary

FLORIDA
Price Per Square Foot:$1,752
Total Square Footage:2,226 SF
Transaction Type:Sale

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

10 deals$48.7M volume
BROKER

Martina Colombres
4 deals$36.6M volume
BROKER

SELLER

Details

SOLD
IMAGE: Matias Derito Conway DATE: 04/23/2021 ADDRESS: 10201 Collins Avenue, Unit 1807W MARKET: Bal Harbour ASSET TYPE: Condo BUYER: GC SELLER: Consultatio Bal Harbour BUYER'S REP: Matias Derito Conway @MatiasDerito - HQ International Realty Group SELLER'S REP: Martina Colombres @MartinaColombres - Consultatio Realty LLC ASKING PRICE: $4,274,000 SALE PRICE: $3,900,000 SF: 2,226 ~ PPSF: $1,752

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$13,855.87
Cash-on-Cash Return-1.27%
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