Alexander Nabutovsky Of QuikNode Acquires Sunny Isles Beach Condo For $5.2M
19575 Collins Ave, Sunny Isles Beach, FL 33160, USA
$5,200,000
$94/SF
Building Size
55,150 SF
Asset Type
—
Closing
Jun 18, 2020
About this deal
AI
The property involved in this closed transaction is a condominium located at 19575 Collins Avenue in Sunny Isles Beach. The condo spans approximately 5,515 square feet and was sold for a price of $5,200,000, resulting in a price per square foot of $1,179.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $5,200,000
- Buyer: Alexander Nabutovsky – QuikNode
- Seller: Regal29LLC – Alberto Guzman
- Broker: Chad Carroll – Douglas Elliman
Representing the buyer in this transaction is Alexander Nabutovsky from QuikNode. The seller, Regal29LLC, was represented by Alberto Guzman. Chad Carroll from Douglas Elliman acted as the broker in this deal.
Players
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $94 per square foot on a published $5.2M for 55,150 square feet (2020).
Visit Chad Carroll to view all their deals.
Browse Florida sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93