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17141 Collins Avenue, Sunny...

Jonathan Mann & Sandra Pariente Acquire Condo In Sunny Isles Beach For $3.95M
SOLD

Jonathan Mann & Sandra Pariente Acquire Condo In Sunny Isles Beach For $3.95M

17141 Collins Avenue, Sunny Isles Beach, FL, USA

$3,950,000

$1,086/SF

Building Size

3,635 SF

Asset Type

Closing

Mar 18, 2021

AI

A condo located at 17141 Collins Avenue, Unit 1201 in Sunny Isles Beach has been sold in a recent transaction. The property, with a total area of 3,635 square feet, was sold for a price of $3,950,000. The selling price translates to a price per square foot of $1,086.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,950,000
  • Date: 03/19/2021
  • Market: Sunny Isles Beach

The buyer was represented by Sandra Pariente of Charles Rutenberg Realty, while Jonathan Mann of Coldwell Banker served as the seller's representative in the deal.

It is worth noting that the property was listed with an initial asking price of $3,999,000.

Players

Sandra Pariente

Charles Rutenberg Realty

Broker

$61.7M

vol

8 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

4.02%

Cash-on-Cash

-1.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93