Douglas Elliman Acquires Sunny Isles Beach Condo At 300 Sunny Isles Blvd For $1.76M
300 Sunny Isles Blvd, Sunny Isles Beach, FL 33160
$1,765,000
$932/SF
Building Size
1,892 SF
Asset Type
—
Closing
Feb 4, 2022
About this deal
AI
A condominium located at 300 Sunny Isles Blvd in Sunny Isles Beach has been sold in a recent transaction. The property features a total square footage of 1,892 and was sold for a price of $1,765,000, resulting in a price per square foot of $933.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,765,000
- Date: 02/05/2022
- Address: 300 Sunny Isles Blvd, Sunny Isles Beach
- Market: Sunny Isles Beach
The buyer of this condominium was represented by Ryan Farbstein and Max Farbstein from Douglas Elliman, while the seller was represented by Bento Queiroz from Compass.
Players
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $932 per square foot on a published $1.8M for 1,892 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.99%
Cash-on-Cash
-2.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93