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Douglas Elliman Acquires Sunny Isles Beach Condo At 300 Sunny Isles Blvd For $1.76M

Property Image
SOLD
$1,765,000
Ryan Farbstein
Max Farbstein
Bento Queiroz

Florida

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1,892 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Douglas Elliman Acquires Sunny Isles Beach Condo At 300 Sunny Isles Blvd For $1.76M

300 Sunny Isles Blvd, Sunny Isles Beach, FL 33160

See Similar Deals
1,892 SF
Sold
Ryan Farbstein
Max Farbstein
Bento Queiroz
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$932
Total Square Footage:1892 SF
Transaction Type:Sale

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

Max Farbstein
Official
Max Farbstein
13 deals$92.8M volume(201) 572-2768
BROKER
Ryan Farbstein
Official
Ryan Farbstein
13 deals$92.8M volume(201) 572-2770
BROKER
Bento Queiroz
Compass
Bento Queiroz
8 deals$75.9M volume
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Max Farbstein, Bento Queiroz & Ryan Farbstein DATE: 02/05/2022 ADDRESS: 300 Sunny Isles Blvd MARKET: Sunny Isles Beach ASSET TYPE: Condo BUYER'S REP: Ryan Farbstein (@RyanFarb) & Max Farbstein (@Max_Farb) - (@TheFarbsteinTeam) - Douglas Elliman (@DouglasElliman) SELLER'S REP: Bento Queiroz (@BentoQueirozGroup) - Compass (@CompassFL) SALE PRICE: $1,765,000 SF: 1,892 ~ PPSF: $933

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

$94,133.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,270.68
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,367.00
Annual Debt Service$100,404.01