facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

All

/

Sale

/

16901 Collins Avenue, Sunny...

Simel Investment Corp Acquires Condo In Sunny Isles For $3.17M With Seller's Rep Chad Carroll - Compass
SOLD

Simel Investment Corp Acquires Condo In Sunny Isles For $3.17M With Seller's Rep Chad Carroll - Compass

16901 Collins Avenue, Sunny Isles Beach, FL, USA

$3,175,000

$1,081/SF

Building Size

2,937 SF

Asset Type

Closing

Jan 31, 2021

AI

A condominium located at 16901 Collins Avenue in Sunny Isles was recently sold for a price of $3,175,000. The property, with a total square footage of 2,937, was purchased by Simel Investment Corp. The transaction was facilitated by Silvia Olivera from FIP Services, who represented the buyer. The seller, Yuri & Natalia Voronkov of Ynga, LLC, was represented by Chad Carroll from Compass. The sale price per square foot was $1,089.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,175,000
  • Address: 16901 Collins Avenue, Sunny Isles
  • Buyer: Simel Investment Corp
  • Seller: Yuri & Natalia Voronkov, Ynga, LLC
  • Buyer's Representative: Silvia Olivera - FIP Services
  • Seller's Representative: Chad Carroll - Compass
  • Square Footage: 2,937
  • Price per Square Foot: $1,089

Players

Chad Carroll

Compass

Broker

$1.7B

vol

85 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

5.00%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93