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
About this deal
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
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