Alex Blavatnik Sells Condo On 3315 Collins Avenue, Miami Beach For $11,500,000
SOLD
Florida
See Similar Deals3,869 SF
Sold 11/30/2020
SOLD
Alex Blavatnik Sells Condo On 3315 Collins Avenue, Miami Beach For $11,500,000
3315 Collins Avenue, Miami Beach, FL, USA
See Similar Deals3,869 SF
Sold 11/30/2020
Summary
FLORIDA
Price Per Square Foot:$2,972
Total Square Footage:3,869 SF
Transaction Type:Sale
The condominium located at 3315 Collins Avenue in Miami Beach has been sold. The property, spanning 4,730 square feet, was sold for a total price of $11,500,000. The selling price per square foot was $2,431. The transaction took place on November 30, 2020.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,500,000
- Address: 3315 Collins Avenue, Miami Beach
- Square Footage: 4,730
- Price per Square Foot: $2,431
The seller of the property was Alex Blavatnik, representing Access Industries. The brokerage agency involved in the sale was Douglas Elliman, with Oren Alexander acting as the broker in the deal.
Players
BROKERAGE
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40
Is there something missing? Send suggestions
