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
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.
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
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93