Daniel Tzinker Acquires Condo In Sunny Isles Beach For $6.3M
SOLD
$6,300,000
Florida
See Similar Deals4,609 SF
Sold 08/10/2022
SOLD
Daniel Tzinker Acquires Condo In Sunny Isles Beach For $6.3M
17749 Collins Avenue
See Similar Deals4,609 SF
Sold 08/10/2022
Summary
FLORIDA
Price Per Square Foot:$1,366
Total Square Footage:4,609 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$336,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,382.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$29,865.21
Annual Debt Service$358,382.57
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