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10275 Collins Avenue, Bal H...

M. Kotler Realty Represents Buyer In $1.05M Bal Harbour Condo Sale
SOLD

M. Kotler Realty Represents Buyer In $1.05M Bal Harbour Condo Sale

10275 Collins Avenue, Bal Harbour, Florida 33154, United States

$1,050,000

$994/SF

Building Size

1,056 SF

Asset Type

Closing

Mar 8, 2022

AI

A 1,056 square foot condo located at 10275 Collins Avenue in Bal Harbour has been sold for $1,050,000. This property, represented by Eric Broad of M. Kotler Realty, offers a price per square foot of $994.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,050,000
  • Address: 10275 Collins Avenue, Bal Harbour
  • Buyer's Representative: Eric Broad - M. Kotler Realty
  • Square Footage: 1,056
  • Price per Square Foot: $994

Eric Broad from M. Kotler Realty played an instrumental role as the buyer's representative in this transaction, facilitating the successful sale of this condo in Bal Harbour.

Players

Eric Broad

The Corcoran Group

Broker

$24.7M

vol

9 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

15.11%

Cash-on-Cash

-4.32%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93