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
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