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17141 Collins Avenue, Sunny...

Neal Klotsman & Sandra Pariente Sell Sunny Isles Beach Condo For $4.75M
SOLD

Neal Klotsman & Sandra Pariente Sell Sunny Isles Beach Condo For $4.75M

17141 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

$4,750,000

$1,486/SF

Building Size

3,195 SF

Asset Type

Closing

Jun 20, 2022

AI

Located at 17141 Collins Ave in Sunny Isles Beach, this condo property was recently sold in a closed transaction. The sale was brokered by Neal Klotsman of The Klotsman Team at Douglas Elliman, representing the buyer, and Sandra Pariente of Charles Rutenberg Realty, representing the seller. The property offers a spacious 3,195 square feet of living space.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $4,750,000
  • Address: 17141 Collins Ave, Sunny Isles Beach
  • Square Footage: 3,195
  • Buyer's Representative: Neal Klotsman - The Klotsman Team - Douglas Elliman
  • Seller's Representative: Sandra Pariente - Charles Rutenberg Realty

This successful transaction showcases the expertise and negotiation skills of Neal Klotsman and Sandra Pariente. As buyer and seller representatives respectively, they played instrumental roles in reaching the final sale price of $4,750,000. The sale provides a testament to the demand for properties in Sunny Isles Beach and highlights the trusted real estate professionals involved in this transaction.

Players

Neal Klotsman

Douglas Elliman

Broker

$39.6M

vol

9 deals

Broker

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

3.34%

Cash-on-Cash

-0.95%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93