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

/

17121 Collins Avenue

David & Melissa Epstein Sell Sunny Isles Beach Condo For $4.1M
SOLD

David & Melissa Epstein Sell Sunny Isles Beach Condo For $4.1M

17121 Collins Avenue

$4,100,000

$940/SF

Building Size

4,360 SF

Asset Type

Closing

Sep 17, 2021

AI

Located at 17121 Collins Ave in Sunny Isles Beach, this condominium property was recently sold in a closed transaction. The property spans 4,360 square feet and is considered a valuable asset in the market. The sale of this condo was facilitated by Richard Goihman of The Goihman Group, who represents the seller David and Melissa Epstein. The brokerage firm involved in the deal is Douglas Elliman.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,100,000
  • Asking Price: $4,400,000
  • Square Footage: 4,360
  • Price Per Square Foot: $940

This transaction took place on September 17, 2021. Richard Goihman, a broker from The Goihman Group operating under Douglas Elliman, played a crucial role in facilitating the sale. The sellers, David and Melissa Epstein, entrusted Richard Goihman to handle the deal, resulting in the successful sale of the property.

Players

Richard Goihman

Douglas Elliman

Broker

$17.2M

vol

4 deals

Broker

David Epstein

Seller

$8.2M

vol

2 deals

Seller

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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93