Gil Dezer Sells Porsche Design Tower Condo In Sunny Isles Beach To Lionel Messi For $5M
18555 Collins Avenue
$5,000,000
$1,406/SF
Building Size
3,555 SF
Asset Type
—
Closing
Nov 26, 2019
AI
Gil Dezer has sold a condo in Sunny Isles Beach for $5,000,000. The condo, located at 18555 Collins Ave in the Porsche Design Tower, spans 3,555 square feet and was purchased by Lionel Messi, who is a player for FC Barcelona. The sale was facilitated by Dezer Platinum Realty. The price per square foot for the transaction was calculated at $1,406.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $5,000,000
- Square Footage: 3,555
- Address: 18555 Collins Ave
- Market: Sunny Isles Beach
- Seller: Gil Dezer (@DezerDev)
- Buyer: Lionel Messi (@LeoMessi) of FC Barcelona
- Brokers: Dezer Platinum Realty (@DezerPlatinumRealty)
- Price per Square Foot: $1,406
Gil Dezer of DezerDev sold a condo located at 18555 Collins Ave in Sunny Isles Beach to Lionel Messi of FC Barcelona for $5,000,000. The transaction was facilitated by Dezer Platinum Realty, represented by their brokers.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93