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Golden Keys Realty Acquires Condo In Sunny Isles Beach For $5.7M

Property Image
SOLD
$5,700,000
Jaime Suarez
Gregory "Greg" Gringruz
Fatima Suarez
+ 4

Florida

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2,900 SF
Sold 12/21/2021
the dealplayerscompscontact
Property Image
SOLD

Golden Keys Realty Acquires Condo In Sunny Isles Beach For $5.7M

18501 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

See Similar Deals
2,900 SF
Sold 12/21/2021
Jaime Suarez
Gregory "Greg" Gringruz
Fatima Suarez
+ 4
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$1,965
Total Square Footage:2,900 SF
Transaction Type:Sale

A condo located at 18501 Collins Ave 2602 in Sunny Isles Beach has been sold. The property features a total area of 3,110 square feet and is situated in the market of Sunny Isles Beach. The sale took place on 12/21/2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $5,700,000
  • Asking Price: $5,800,000
  • Square Footage: 3,110
  • Price per Square Foot: $1,833

The transaction was facilitated by Victoria Romanenko, Maríana Shulga, and Marina Chebin from Golden Keys Realty. They represented the buyers and sellers in the deal.

Players

Victoria Romanenko
Victoria Romanenko
11 deals$38.9M volume
BROKER
Maríana Shulga
Maríana Shulga
2 deals$11.2M volume
BROKER
MC
Marina Chebin
1 deal$5.7M volume
BROKER
David Fish
BRG International
David Fish
5 deals$24.2M volume
BROKER
Fatima Suarez
London Foster Realty
Fatima Suarez
1 deal$5.7M volume
BROKER
Jaime Suarez
Coldwell Banker
Jaime Suarez
1 deal$5.7M volume(305) 972-4205
BROKER
Jaime Suarez
Coldwell Banker
Jaime Suarez
1 deal$5.7M volume(305) 972-4205
BROKER
Gregory "Greg" Gringruz
Gregory Gringruz
6 deals$24.1M volume
BROKER

Details

SOLD
IMAGE: Victoria Romanenko & Maríana Shulga DATE: 12/21/2021 ADDRESS: 18501 Collins Ave 2602 MARKET: Sunny Isles Beach ASSET TYPE: Condo BROKERS: Victoria Romanenko (@VikaRealtorMiami), Maríana Shulga (@MarianaShulgaMiami) & Marina Chebin - Golden Keys Realty ASKING PRICE: $5,800,000 SALE PRICE: $5,700,000 SF: 3,110 ~ PPSF: $1,833

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$304,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,250.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,020.91
Annual Debt Service$324,250.90