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
About this deal
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
Bal Harbour CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $3K per square foot on a published $6.5M for 2,148 square feet (2022).
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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