Golden Keys Realty Acquires Condo In Sunny Isles Beach For $5.7M
18501 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
$5,700,000
$1,965/SF
Building Size
2,900 SF
Asset Type
—
Closing
Dec 21, 2021
AI
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
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
2.78%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93