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16500 Collins Avenue, Sunny...

Bethany Angiolillo Acquires Condo In Sunny Isles Beach For $1.51M
SOLD

Bethany Angiolillo Acquires Condo In Sunny Isles Beach For $1.51M

16500 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

$1,510,000

$704/SF

Building Size

2,144 SF

Asset Type

Closing

Jun 29, 2022

AI

Located at 16500 Collins Ave apt 2251 in Sunny Isles Beach, this condo property was recently sold.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,510,000
  • Address: 16500 Collins Ave apt 2251, Sunny Isles Beach
  • Market: Sunny Isles Beach

The buyer of the property is Bethany Angiolillo, while the seller is Helena Dewitt. The sale was facilitated by Julian Cohen & Marlon Cohen from Douglas Elliman Real Estate, representing the buyer, and Denise Rubin from Coldwell Banker Realty, representing the seller.

The condo has a total area of 2,144 square feet, with a price per square foot of $704. The transaction took place on June 30, 2022, with a sale price of $1,510,000.

Players

Julian Cohen

Douglas Elliman

Broker

$291.6M

vol

23 deals

Broker

Sunny Isles Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.51%

Cash-on-Cash

-3.00%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93