Linda Boland Abraham & Magid M Abraham Acquire Condo At 18501 Collins Ave For $14.25M
18501 Collins Avenue, North Miami Beach, Florida 33160, United States
$14,250,000
Building Size
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Asset Type
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Closing
Mar 29, 2022
AI
The property involved in this transaction is a condominium located at 18501 Collins Ave in North Miami Beach, FL. The sale took place on March 30, 2022, with a selling price of $14,250,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $14,250,000
- Buyer: Linda Boland Abraham & Magid M Abraham
- Seller: Sheryl Kass
- Address: 18501 Collins Ave, North Miami Beach, FL
The buyers in this transaction are Linda Boland Abraham and Magid M Abraham. The seller is Sheryl Kass. No additional information is available regarding the deal's key individuals or companies.
Miami 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
1.11%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93