Jose Luis Rodriguez Sells Sunny Isles Beach Condo For $1.55M, Represented By Katy Rodriguez - Brokers LLC
19111 Collins Avenue, Sunny Isles Beach, FL, USA
$1,550,000
$720/SF
Building Size
2,150 SF
Asset Type
—
Closing
Nov 4, 2021
AI
A luxury condo located at 19111 Collins Avenue PH3403 in Sunny Isles Beach has recently been sold. The property, spanning 2,150 square feet, boasts a stunning view of the market. The transaction took place on November 4, 2021.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $1,550,000
- Address: 19111 Collins Avenue PH3403, Sunny Isles Beach
- Square Footage: 2,150
- Market: Sunny Isles Beach
The seller of the condo was Jose Luis Rodriguez. Represented by Christopher Wands from Douglas Elliman, the buyer successfully acquired the property at a price slightly lower than the initial asking price. Katy Rodriguez, from Brokers LLC, acted as the seller's representative throughout the transaction.
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
10.23%
Cash-on-Cash
-2.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93