Meda Calina Sells Miami Beach Condo On Collins Ave For $3M Via Alyssa Morgan - Sotheby's Intl Realty & Valentina Georgecsu - Miami Vip Realty
5875 Collins Avenue, Miami Beach, Florida 33140, United States
$3,000,000
$1,739/SF
Building Size
1,725 SF
Asset Type
—
Closing
Jan 4, 2022
About this deal
AI
A condo located at 5875 Collins Ave in Miami Beach has been sold for $3,000,000. The property, owned by Meda Calina, spans across 1,725 square feet and has a price per square foot of $1,739.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,000,000
- Address: 5875 Collins Ave, Miami Beach
The sale of the condo was facilitated by two brokers, Alyssa Morgan from ONE Sotheby's International Realty and Valentina Georgecsu from Miami Vip Realty.
The commercial sale at 5875 Collins Avenue, Miami Beach, Florida 33140, United States in Miami Beach, Florida sold for $3M in 2022. The building is 1,725 square feet, implying about 1.7K per square foot on the published price. Valentina Georgescu, Matthew Dugow, Alyssa Morgan, Sotheby's International Realty appear on the sale alongside Sotheby's International Realty, Compass, The Inside Netwok. This page is the Miami Beach, Florida file for the 5875 Collins Avenue, Miami Beach, Florida 33140, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach commercial set by closing date to see what else sold near 5875 Collins Avenue, Miami Beach, Florida 33140, United States around 2022. Published consideration for 5875 Collins Avenue, Miami Beach, Florida 33140, United States is $3M, dated 2022. Cite this Meda Calina Sells Miami Beach Condo On Collins Ave For $3M Via Alyssa Morgan - Sotheby's Intl Realty & Valentina Georgecsu - Miami Vip Realty sale when underwriting similar commercial product around Miami Beach, Florida.
Players
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Deal FAQ
About $1.7K per square foot on a published $3M for 1,725 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93