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17749 Collins Ave, Sunny Is...

Douglas Elliman Represents Buyer In $5.2M Condo Sale In Sunny Isles Beach
SOLD

Douglas Elliman Represents Buyer In $5.2M Condo Sale In Sunny Isles Beach

17749 Collins Ave, Sunny Isles Beach, FL, USA

$5,200,000

$1,128/SF

Building Size

4,609 SF

Asset Type

Closing

May 20, 2021

AI

Located in Sunny Isles Beach, this condominium unit at 17749 Collins Ave Unit 3002 has recently been sold in a closed transaction. The sale took place on May 21, 2021, with Francine Eisenberg, Christina Alem, and Matias Alem being responsible for the transaction. The property was represented by Christina Alem and Matias Alem from BRG International, while Francine Eisenberg from Douglas Elliman acted as the buyer's representative.

Summary of transaction details:

  • Property Type: Condo
  • Asking Price: $5,495,000
  • Sale Price: $5,200,000
  • Square Footage: 4,609
  • Price per Square Foot: $1,128
  • Market: Sunny Isles Beach
  • Seller's Representative: Christina Alem & Matias Alem from BRG International
  • Buyer's Representative: Francine Eisenberg from Douglas Elliman

This successful transaction highlights the collaboration between Christina Alem, Matias Alem, and Francine Eisenberg, whose expertise in the real estate industry played a crucial role in the deal. The property, with its impressive square footage of 4,609, offered a remarkable value in the desirable Sunny Isles Beach market. Both the seller and the buyer were represented by knowledgeable professionals, ensuring a smooth and efficient transaction.

Players

Christina West Alem

BRG International

Broker

$71.5M

vol

14 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

3.05%

Cash-on-Cash

-0.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93