facebook
Traded Co logo
Submit

Douglas Elliman Represents Buyer And Seller In $4.1M Sunny Isles Beach Condo Sale

Property Image
SOLD
$4,100,000
Richard Goihman
DE
ME

Florida

See Similar Deals
4,360 SF
Sold 09/21/2021
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman Represents Buyer And Seller In $4.1M Sunny Isles Beach Condo Sale

17121 Collins Avenue, Sunny Isles Beach, FL, USA

See Similar Deals
4,360 SF
Sold 09/21/2021
Richard Goihman
DE
ME
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$940
Total Square Footage:4,360 SF
Transaction Type:Sale

An oceanfront condo located at 17121 Collins Avenue Unit 2104/05 in Sunny Isles Beach has been sold in a recent transaction. The property, spanning 4,360 square feet, was listed for sale with an asking price of $4,400,000. The sale was completed at a price of $4,100,000, translating to a per square foot price of $940.

Summary of Transaction Details:

  • Property Type: Condo
  • Transaction Amount: $4,100,000
  • Market: Sunny Isles Beach
  • Address: 17121 Collins Avenue Unit 2104/05
  • Seller: David & Melissa Epstein
  • Buyer's Representative: Devin Kay - Douglas Elliman
  • Seller's Representative: Richard Goihman - Douglas Elliman

The buyer's representative in this deal was Devin Kay from Douglas Elliman, while the seller was represented by Richard Goihman, also from Douglas Elliman.

Players

Richard Goihman
Douglas Elliman
Richard Goihman
4 deals$17.2M volume
BROKER
DE
David Epstein
2 deals$8.2M volume
SELLER
ME
Melissa Epstein
2 deals$8.2M volume
SELLER

Details

SOLD
IMAGE: Devin Kay DATE: 09/21/2021 ADDRESS: 17121 Collins Avenue Unit 2104/05 MARKET: Sunny Isles Beach ASSET TYPE: Condo SELLER: David & Melissa Epstein BUYER'S REP: Devin Kay (@Devin__Kay) - Douglas Elliman SELLER'S REP: Richard Goihman - Douglas Elliman ASKING PRICE: $4,400,000 SALE PRICE: $4,100,000 SF: 4,360 ~ PPSF: $940

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$218,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,566.44
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,436.09
Annual Debt Service$233,233.10