Tatiana Camargo Sells Sunny Isles Beach Condo For $4M, Represented By Tatiana Camargo @TatianaCamargore Om PassFL
18975 Collins Ave, Sunny Isles Beach, FL, USA
$4,000,000
$984/SF
Building Size
4,062 SF
Asset Type
—
Closing
Apr 29, 2021
About this deal
AI
A condo located at 18975 Collins Ave # 4802 in Sunny Isles Beach has been sold. The sale took place on April 30, 2021, and the property was represented by Tatiana Camargo from ompassFL. The asking price for the condo was $4,495,000, and it was sold for $4,000,000. The condo spans approximately 4,062 square feet, resulting in a price per square foot of $985.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,000,000
- Address: 18975 Collins Ave # 4802, Sunny Isles Beach
- Market: Sunny Isles Beach
- Broker: Tatiana Camargo - ompassFL
- Asking Price: $4,495,000
- Square Footage: 4,062
- Price per Square Foot: $985
Tatiana Camargo from ompassFL played a key role in the transaction as the broker representing the condo. The sale of the condo demonstrates the demand for properties in Sunny Isles Beach.
Players
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $984 per square foot on a published $4M for 4,062 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93