Margarita Waxman Acquires Resi Condo In Bal Harbour From Louis Silver For $5.25M
SOLD
$5,250,000
Florida
See Similar Deals3,450 SF
Sold 04/22/2021
SOLD
Margarita Waxman Acquires Resi Condo In Bal Harbour From Louis Silver For $5.25M
10201 Collins Avenue, Bal Harbour, FL 33154, USA
See Similar Deals3,450 SF
Sold 04/22/2021
Summary
FLORIDA
Price Per Square Foot:$1,521
Total Square Footage:3,450 SF
Transaction Type:Sale
A residential condo located at 10201 Collins Ave in Bal Harbour was recently sold in a closed transaction. The property spans 2,625 square feet and features a sale price of $5,250,000, resulting in a price per square foot of $1,724. The sale, which took place on April 22, 2021, included the art and furniture within the unit.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $5,250,000
- Address: 10201 Collins Ave
- Market: Bal Harbour
The buyer of the property was Margarita Waxman, while Louis Silver served as the seller. Margarita Waxman was represented by Lana Bell from One Sotheby's International Realty, and Louis Silver was represented by Techrin Hijazi from Brown Harris Stevens.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14
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