Ken Griffin's Citadel Sells Miami Beach Condo Unit PHB For $11.15M
3315 Collins Avenue, Miami Beach, FL 33140, USA
$11,150,000
$3,468/SF
Building Size
3,215 SF
Asset Type
—
Closing
Jun 17, 2020
AI
Located at 3315 Collins Avenue Unit PHB in Miami Beach, this condominium is the subject of a recent sale transaction. The property spans 4,243 square feet and was sold for a price of $11,150,000, resulting in a price per square foot of $2,628. The sale took place on June 17, 2021.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $11,150,000
- Address: 3315 Collins Avenue Unit PHB
- Market: Miami Beach
The seller of this property is Ken Griffin, represented by Citadel. On the buyer's side, Cyril Matz from Douglas Elliman acted as the buyer's representative. The seller's representative in the deal was Ryan Mendell from Maxwell E. Realty.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.42%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93