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10203 Collins Avenue, Bal H...

G Realty Group Acquires Bal Harbour Condo For $8.94M
SOLD

G Realty Group Acquires Bal Harbour Condo For $8.94M

10203 Collins Avenue, Bal Harbour, FL 33154

$8,940,000

$2,239/SF

Building Size

3,992 SF

Asset Type

Closing

Dec 8, 2021

AI

Located in Bal Harbour, FL, this condo unit at 10203 Collins Ave Unit 1201 recently changed hands in a closed transaction. The property, with a total area of 3,992 square feet, was sold at a price of $8,940,000, translating to a price per square foot of $2,239. The transaction took place on 12/08/2021.

Summary of transaction details:

  • Property Type: Condo
  • Address: 10203 Collins Ave Unit 1201, Bal Harbour, FL
  • Sale Price: $8,940,000
  • Total Square Feet: 3,992
  • Sale Date: 12/08/2021

The seller of the condo unit was Galina Gladkova. Representing the buyer was Sarah Gozlan, an agent from G Realty Group. Michael Kadoch PA from Kadoch Law Group served as the counsel in this transaction.

Players

Sarah Gozlan

Broker

$65.8M

vol

12 deals

Broker

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

1.77%

Cash-on-Cash

-0.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93