Louise Sunshine Acquires Residential Condo In Bal Harbour For $3M
10225 Collins Ave, Bal Harbour, FL 33154, USA
$3,000,000
$78/SF
Building Size
38,200 SF
Asset Type
—
Closing
Sep 14, 2020
About this deal
AI
A residential condo located at 10225 Collins Avenue in Bal Harbour has been sold in a recent transaction. The property was sold for a price of $3,000,000. It spans a total area of 3,820 square feet, with a price per square foot of $785.
Summary of transaction details
- Property Type: Residential Condo
- Transaction Amount: $3,000,000
- Square Footage: 3,820
- Price per Square Foot: $785
- Address: 10225 Collins Avenue, Bal Harbour
The buyer of the property is Louise Sunshine. The seller is Gabriel Gilinski. The deal was facilitated by Nancy Batchelor and Dana Rothman from Berkshire Hathaway HomeServices EWM Realty.
Bal Harbour CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $78 per square foot on a published $3M for 38,200 square feet (2020).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93