Claudia Pinto Acquires Condo At 18201 Collins Ave, Sunny Isles Beach For $3.8M
18201 Collins Avenue, Sunny Isles Beach, FL 33160, USA
$3,837,000
$947/SF
Building Size
4,050 SF
Asset Type
—
Closing
Sep 24, 2021
About this deal
AI
A luxury condo in Sunny Isles Beach has recently been sold for $3,837,000. The property, located at 18201 Collins Ave, offers a spacious 4,050 square feet of living space. With a price per square foot of $947, this condo presents a prime opportunity for contemporary living in a desirable location.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,837,000
- Square Footage: 4,050
- Price Per Square Foot: $947
- Address: 18201 Collins Ave
- Market: Sunny Isles Beach
The sale was facilitated by Claudia Pinto of Miami Residential Group, who acted as the broker for this transaction. Under her guidance, the deal was successfully closed, solidifying the transition of ownership for this stunning condo. Claudia Pinto's expertise ensured a smooth and efficient process, making this transaction a seamless experience for all involved parties.
Players
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $947 per square foot on a published $3.8M for 4,050 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.13%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93