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300 Sunny Isles Blvd, Sunny...

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

$1,765,000

$932/SF

Building Size

1,892 SF

Asset Type

Closing

Feb 4, 2022

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

Max Farbstein

Official

Broker

$92.8M

vol

13 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Sunny Isles 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

8.99%

Cash-on-Cash

-2.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93