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Andrew Brooks Of Sinclair Global Sells Condo In Miami Beach For $5.8M

Property Image
SOLD
$5,800,000
Rachael Taylor
Toni Schrager
Oliver Lloyd
+ 2

Florida

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4,381 SF
Sold 04/01/2022
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Property Image
SOLD

Andrew Brooks Of Sinclair Global Sells Condo In Miami Beach For $5.8M

3315 Collins Avenue, Miami Beach, Florida 33140, United States

See Similar Deals
4,381 SF
Sold 04/01/2022
Rachael Taylor
Toni Schrager
Oliver Lloyd
+ 2
the dealplayerscompscontact
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Summary

FLORIDA
Price Per Square Foot:$1,323
Total Square Footage:4,381 SF
Transaction Type:Sale

Located in Miami Beach, this condo at 3315 Collins Ave, Unit 8C was recently sold for a whopping $5,800,000. With a total area of 2,238 square feet, this luxurious property offers a price per square foot of $2,592.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,800,000
  • Square Footage: 2,238
  • Price per Square Foot: $2,592
  • Address: 3315 Collins Ave, Unit 8C
  • Market: Miami Beach

The sale of this remarkable property was facilitated by Andrew Brooks of Sinclair Global, who represented the seller. On the other hand, Rachael Taylor from One Sotheby’s International Realty acted as the buyer's representative. Oliver Lloyd, from Douglas Elliman, played a crucial role as the seller's representative in this transaction.

Players

Oliver Lloyd
Douglas Elliman
Oliver Lloyd
13 deals$202.1M volume
BROKER
Bryan Sereny
Douglas Elliman
Bryan Sereny
20 deals$247.7M volume
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Bill Hernandez
Douglas Elliman
Bill Hernandez
19 deals$241.8M volume
BROKER
Toni Schrager
Brown Harris Stevens
Toni Schrager
9 deals$90.8M volume
BROKER
Rachael Taylor
Sotheby's International Realty
Rachael Taylor
2 deals$7.8M volume
BROKER

Details

SOLD
IMAGE: Oliver Lloyd, Andrew Brooks & Rachael Taylor DATE: 04/01/2022 ADDRESS: 3315 Collins Ave, Unit 8C MARKET: Miami Beach ASSET TYPE: Condo SELLER: Andrew Brooks - Sinclair Global (@SinclairGlobal) BUYER'S REP: Rachael Taylor (@RachaellKelly) - One Sotheby’s International Realty SELLER'S REP: Oliver Lloyd (@LivSellsMiami) - Douglas Elliman SALE PRICE: $5,800,000 SF: 2,238 ~ PPSF: $2,592

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

$309,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$20,606.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,494.96
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