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
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.
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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93