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6899 Collins Avenue, Miami ...

Updated Dec 19, 2023

Monika Kramlik Of Brown Harris Stevens Represents Buyer In $3.6M Miami Beach Condo Sale
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

$3,600,000

$995/SF

Building Size

3,615 SF

Asset Type

—

Closing

Feb 2, 2022

About this deal

AI

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.

The commercial sale at 6899 Collins Avenue, Miami Beach, Florida 33141, United States in Miami Beach, Florida sold for $3.6M in 2022. The building is 3,615 square feet, implying about 995 per square foot on the published price. Monika Kramlik, Brown Harris Stevens appear on the sale alongside Brown Harris Stevens. This page is the Miami Beach, Florida file for the 6899 Collins Avenue, Miami Beach, Florida 33141, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach commercial set by closing date to see what else sold near 6899 Collins Avenue, Miami Beach, Florida 33141, United States around 2022. Published consideration for 6899 Collins Avenue, Miami Beach, Florida 33141, United States is $3.6M, dated 2022. Cite this Monika Kramlik Of Brown Harris Stevens Represents Buyer In $3.6M Miami Beach Condo Sale sale when underwriting similar commercial product around Miami Beach, Florida.

On the Map

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$3,600,000

$995/SF

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Players

Monika Kramlik

Brown Harris Stevens

Broker

$11.1M

vol

2 deals

Broker
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Miami Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $995 per square foot on a published $3.6M for 3,615 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.41%

Cash-on-Cash

-1.26%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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