Marlene Goldman & Ida Schwartz Sell Miami Beach Condo For $3M
2901 Collins Avenue, Miami Beach, FL 33140
$3,000,000
$2,912/SF
Building Size
1,030 SF
Asset Type
—
Closing
Sep 15, 2021
AI
Located at 2901 Collins Ave in Miami Beach, this condo was recently sold in a closed transaction. The property spans a total of 1,030 square feet and features a modern design. The sale price for this condo was $3,000,000, with an asking price of $3,150,000, resulting in a price per square foot of $2,913. The transaction was completed on September 15, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,000,000
- Address: 2901 Collins Ave, Miami Beach
- Square Footage: 1,030
- Asking Price: $3,150,000
- Price per Square Foot: $2,913
The sale of this condo was facilitated by Marlene Goldman of Beachfront Realty, who represented the buyer, and Ida Schwartz of Compass, who represented the seller. Both brokers played pivotal roles in ensuring a successful transaction.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93