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10203 Collins Avenue, Bal H...

Vladimir Ter-Avanesov Sells Bal Harbour Condo For $6.5M
SOLD

Vladimir Ter-Avanesov Sells Bal Harbour Condo For $6.5M

10203 Collins Avenue, Bal Harbour, Florida 33154, United States

$6,500,000

$3,026/SF

Building Size

2,148 SF

Asset Type

Closing

Jan 25, 2022

AI

An oceanfront condo located at 10203 Collins Ave in Bal Harbour has been sold for a price of $6,500,000. The condo has a total square footage of 3,345, resulting in a price per square foot of $1,943. The property was sold on January 25, 2022.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $6,500,000
  • Address: 10203 Collins Ave, Bal Harbour
  • Square Footage: 3,345
  • Price per Square Foot: $1,943

The seller of the condo was Vladimir Ter-Avanesov. Matias Derito Conway from HQ International Realty Group LLC represented the buyer in the transaction. Liz Hogan and Karen Krotov, both from Compass, served as the seller's representatives.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.6B

vol

92 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage

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

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93