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Shelly Northern Acquires Condo In Sunny Isles Beach For $2.8M

Property Image
SOLD
$2,800,000
Leah Barney
David Betancourt
+ 1

Florida

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2,716 SF
Sold 04/29/2021
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Property Image
SOLD

Shelly Northern Acquires Condo In Sunny Isles Beach For $2.8M

18975 Collins Avenue, Sunny Isles Beach, FL 33160, USA

See Similar Deals
2,716 SF
Sold 04/29/2021
Leah Barney
David Betancourt
+ 1
Contact now

Summary

FLORIDA
Price Per Square Foot:$1,030
Total Square Footage:2,716 SF
Transaction Type:Sale

A condo located at 18975 Collins Ave in Sunny Isles Beach was recently sold for $2,800,000. The transaction took place on April 29, 2021. The property is situated in a market known for its stunning beachfront views and luxurious amenities.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $2,800,000

The sale of this condo was facilitated by Shelly Northern from ompassFL, representing the buyer and seller. Shelly Northern, a real estate broker from ompassFL, played a crucial role in ensuring a successful transaction.

Players

Oren Alexander
106 deals$2B volume(305) 610-4559
BROKER

Leah Barney
The Corcoran Group
6 deals$34.3M volume(609) 280-8702
BROKER

David Betancourt
Sotheby's International Realty
2 deals$5.5M volume
BROKER

Shelly Northern
Compass
6 deals$31.3M volume(786) 525-1721
BROKER

Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Shelly Northern @ShellylNorthern DATE: 04/29/2021 ADDRESS: 18975 Collins Ave MARKET: Sunny Isles Beach ASSET TYPE: Condo BROKER: Shelly Northern @ShellylNorthern - @CompassFL @Compass SALE PRICE: $2,800,000

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
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