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2301 Collins Avenue, Miami ...

Thomas Baldwin Acquires Miami Beach Condo For $2.15M From Seller Daniel Palmier
SOLD

Thomas Baldwin Acquires Miami Beach Condo For $2.15M From Seller Daniel Palmier

2301 Collins Avenue, Miami Beach, Florida 33139, United States

$2,150,000

$874/SF

Building Size

2,460 SF

Asset Type

Closing

Mar 3, 2022

AI

2301 Collins Ave Miami Beach is the location of a recently closed condo sale. The property was purchased by Thomas Baldwin for a price of $2,150,000. The condo has a total area of 1,230 square feet, resulting in a price per square foot of $1,748. The transaction took place on 03/04/2022 and involved a buyer's representative named Sebastian Acosta and Amanda Viriato from ONE Sotheby's International Realty. The seller, Daniel Palmier, was represented by Tessa Neva Trlaja from More Professional Group Corp.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,150,000
  • Date: 03/04/2022
  • Address: 2301 Collins Ave, Miami Beach
  • Square Footage: 1,230
  • Price Per Square Foot: $1,748
  • Buyer: Thomas Baldwin
  • Seller: Daniel Palmier
  • Buyer's Representative: Sebastian Acosta & Amanda Viriato - ONE Sotheby's International Realty
  • Seller's Representative: Tessa Neva Trlaja - More Professional Group Corp

The sale of this condo in Miami Beach was facilitated by the buyer's representative, Sebastian Acosta, and Amanda Viriato from ONE Sotheby's International Realty. Tessa Neva Trlaja from More Professional Group Corp represented the seller, Daniel Palmier. This transaction highlights the involvement of key individuals and real estate agencies in closing the deal.

Players

Sebastian Acosta

One Sotheby’s International Realty

Broker

$19.6M

vol

5 deals

Broker

Miami 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

7.38%

Cash-on-Cash

-2.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93