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
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