Jelena Khurana & Julian Johnston Sell Miami Beach Condo For $5.55M
5959 Collins Avenue, Miami Beach, Florida 33140, United States
$5,550,000
$1,875/SF
Building Size
2,959 SF
Asset Type
—
Closing
Jan 26, 2022
AI
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
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
2.86%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93