Johnny Mansilla Of Nest Seekers International Sells Sunny Isles Beach Condo For $5.75M
300 Sunny Isles Blvd, Sunny Isles Beach, FL, USA
$5,750,000
$3,491/SF
Building Size
1,647 SF
Asset Type
—
Closing
Apr 4, 2021
About this deal
AI
A luxury condo located at 300 Sunny Isles Blvd in Sunny Isles Beach has been recently sold. The property, listed by Johnny Mansilla of Nest Seekers International, was sold on 04/05/2021. The asking price for this condo was $5,700,000, and it was eventually sold for $5,750,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,750,000
- Address: 300 Sunny Isles Blvd, Sunny Isles Beach
- Market: Sunny Isles Beach
This successful transaction was facilitated by broker Johnny Mansilla from Nest Seekers International. His expertise and representation played a crucial role in successfully closing the deal.
Sunny Isles Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $3.5K per square foot on a published $5.8M for 1,647 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.76%
Cash-on-Cash
-0.79%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93