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Jelena Khurana & Julian Johnston Sell Miami Beach Condo For $5.55M

Property Image
SOLD
$5,550,000
Selen Arditi
Gillian Fessler
Jelena Khurana
+ 2

Florida

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2,959 SF
Sold 01/27/2022
the dealplayerscompscontact
Property Image
SOLD

Jelena Khurana & Julian Johnston Sell Miami Beach Condo For $5.55M

5959 Collins Avenue, Miami Beach, Florida 33140, United States

See Similar Deals
2,959 SF
Sold 01/27/2022
Selen Arditi
Gillian Fessler
Jelena Khurana
+ 2
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Price Per Square Foot:$1,875
Total Square Footage:2,959 SF
Transaction Type:Sale

A condo property located at 5959 Collins Avenue in Miami Beach was recently sold for $5,550,000. The sale took place on January 21, 2022. The condo spans across 3,807 square feet and has a price per square foot of $1,458.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,550,000
  • Address: 5959 Collins Avenue, Miami Beach
  • Square Footage: 3,807
  • Price per Square Foot: $1,458

The sale of this condo was facilitated by Jelena Khurana and Julian Johnston from The Corcoran Group. They represented the buyer and seller in this transaction.

Players

Jill Eber
Coldwell Banker
Jill Eber
45 deals$1.1B volume
BROKER
Julian Johnston
The Corcoran Group
Julian Johnston
55 deals$777.3M volume(305) 502-3985
BROKER
Jelena Khurana
The Corcoran Group
Jelena Khurana
2 deals$22.9M volume
BROKER
Gillian Fessler
Douglas Elliman
Gillian Fessler
6 deals$79.5M volume
BROKER
Selen Arditi
Compass
Selen Arditi
10 deals$49.7M volume
BROKER

Details

SOLD
IMAGE: Jelena Khurana & Julian Johnston DATE: 01/21/2022 ADDRESS: 5959 Collins Avenue MARKET: Miami Beach ASSET TYPE: Condo BROKERS: Jelena Khurana (@JelenaKhurana) & Julian Johnston (@Julian.Johnston) - The Corcoran Group SALE PRICE: $5,550,000 SF: 3,807 ~ PPSF: $1,458

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

$295,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,717.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,309.83
Annual Debt Service$315,717.98