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5959 Collins Avenue, Miami ...

Updated Dec 21, 2023

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

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

About this deal

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.

On the Map

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$5,550,000

$1,875/SF

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Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 deals

Broker
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Miami Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $1.9K per square foot on a published $5.6M for 2,959 square feet (2022).

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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

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