Monika Kramlik Of Brown Harris Stevens Represents Buyer In $3.6M Miami Beach Condo Sale
SOLD
$3,600,000
Florida
See Similar Deals3,615 SF
Sold 02/03/2022
SOLD
Monika Kramlik Of Brown Harris Stevens Represents Buyer In $3.6M Miami Beach Condo Sale
6899 Collins Avenue, Miami Beach, Florida 33141, United States
See Similar Deals3,615 SF
Sold 02/03/2022
Summary
FLORIDA
Price Per Square Foot:$995
Total Square Footage:3,615 SF
Transaction Type:Sale
The property involved in this closed transaction is a condo located at 6899 Collins Ave in Miami Beach. The condo spans an area of 3,615 square feet and was sold for a total price of $3,600,000. The price per square foot for this transaction is $996.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,600,000
- Address: 6899 Collins Ave, Miami Beach
- Square Footage: 3,615
The buyer's representative in this transaction was Monika Kramlik from Brown Harris Stevens.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$192,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,790.04
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,065.84
Annual Debt Service$204,790.04
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