Jose Luis Rodriguez Sells Sunny Isles Beach Condo For $1.55M, Represented By Katy Rodriguez - Brokers LLC
SOLD
$1,550,000
Florida
See Similar Deals2,150 SF
Sold 11/04/2021
SOLD
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
See Similar Deals2,150 SF
Sold 11/04/2021
Summary
FLORIDA
Price Per Square Foot:$720
Total Square Footage:2,150 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$82,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,506.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,347.79
Annual Debt Service$88,173.49
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