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Angelo Rigas Sells Miami Beach Condo For $3.45M With Brokers Marlene Goldman And Dinorah Guerra

Property Image
SOLD
$3,450,000
Dinorah Guerra
Marlene Goldman
AR

Florida

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2,756 SF
Sold 03/04/2022
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Property Image
SOLD

Angelo Rigas Sells Miami Beach Condo For $3.45M With Brokers Marlene Goldman And Dinorah Guerra

2901 Collins Avenue, Miami Beach, Florida 33140, United States

See Similar Deals
2,756 SF
Sold 03/04/2022
Dinorah Guerra
Marlene Goldman
AR
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$1,251
Total Square Footage:2,756 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 2901 Collins Ave, Miami Beach. It was sold for $3,450,000. The condo encompasses a total area of 1,030 square feet, resulting in a price per square foot of $3,350.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,450,000
  • Square Footage: 1,030 SF
  • Price Per Square Foot: $3,350
  • Seller: Angelo Rigas
  • Brokers: Marlene Goldman - Beachfront Realty Inc; Dinorah Guerra - Real Estate Sales Force
  • Date of Sale: 03/04/2022
  • Address: 2901 Collins Ave, Miami Beach

Angelo Rigas was the seller in this transaction, represented by brokers Marlene Goldman from Beachfront Realty Inc and Dinorah Guerra from Real Estate Sales Force. The transaction was finalized on March 4, 2022.

Players

Marlene Goldman
Beachfront Realty
Marlene Goldman
5 deals$19M volume(305) 401-7950
BROKER
Dinorah Guerra
Dinorah Guerra
1 deal$3.5M volume
BROKER
AR
Angelo Rigas
3 deals$32.4M volume
BROKER
AR
Angelo Rigas
3 deals$32.4M volume
SELLER

Details

SOLD
IMAGE: Marlene Goldman DATE: 03/04/2022 ADDRESS: 2901 Collins Ave MARKET: Miami Beach ASSET TYPE: Condo SELLER: Angelo Rigas BROKERS: Marlene Goldman (@marlenegoldmanrealtor) - Beachfront Realty Inc; Dinorah Guerra - Real Estate Sales Force SALE PRICE: $3,450,000 SF: 1,030 ~ PPSF: $3,350

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$184,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12