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17749 Collins Avenue

Daniel Tzinker Acquires Condo In Sunny Isles Beach For $6.3M
SOLD

Daniel Tzinker Acquires Condo In Sunny Isles Beach For $6.3M

17749 Collins Avenue

$6,300,000

$1,366/SF

Building Size

4,609 SF

Asset Type

Closing

Aug 10, 2022

AI

Located at 17749 Collins Ave in Sunny Isles Beach, this recently sold property is a condo with a total square footage of 4,609. The sale, which took place on August 11, 2022, was facilitated by Eliad Beno from Sellmax Realty Inc, representing the seller, and Daniel Tzinker from The Agency, representing the buyer. The transaction was finalized for a total price of $6,300,000, resulting in a price per square foot of $1,367.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $6,300,000
  • Address: 17749 Collins Ave, Sunny Isles Beach
  • Square Footage: 4,609
  • Seller's Representative: Eliad Beno - Sellmax Realty Inc
  • Buyer's Representative: Daniel Tzinker - The Agency

Eliad Beno from Sellmax Realty Inc and Daniel Tzinker from The Agency played crucial roles in the successful completion of this transaction. Their expertise and negotiation skills ensured a smooth process for both the seller and the buyer. With a price per square foot of $1,367, this condo presents an attractive investment opportunity in Sunny Isles Beach.

Players

Daniel Tzinker

The Agency

Broker

$159.1M

vol

25 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

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93