Estates At Acqualina Sells Sunny Isles Beach Condo For $9.1M
17885 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
$9,116,000
$1,885/SF
Building Size
4,835 SF
Asset Type
—
Closing
Jul 28, 2021
About this deal
AI
The property involved in this closed transaction is a condo located at 17885 Collins Ave in Sunny Isles Beach. The property is part of the Estates at Acqualina. The sale took place on July 29, 2021.
Summary of transaction details:
- Property Type: Condo
- Sale Price: $9,116,000
- Square Footage: 4,835
- Price per Square Foot: $1,885
- Address: 17885 Collins Ave, Sunny Isles Beach
- Market: Sunny Isles Beach
Kelly Ferreira from ONE Sotheby's International Realty represented the seller, Estates at Acqualina, in this transaction.
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $9.1M for 4,835 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93