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
Sunny Isles Beach 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
3.87%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93