Nancy Peretsman And Robert W Scully Acquire $11.4M Condo Unit In Miami, FL
8701 Collins Ave, Miami Beach, Florida, USA
$11,400,000
$3,605/SF
Building Size
3,162 SF
Asset Type
—
Closing
Nov 9, 2021
About this deal
AI
The condo unit located at 8701 Collins Ave in Miami, FL was sold on November 10, 2021. The property spans over 3,162 square feet and was sold for a price of $11,400,000, resulting in a price per square foot of $3,605.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $11,400,000
- Buyer: Nancy Peretsman; Robert W Scully
- Seller: Mh Trust
- Address: 8701 Collins Ave, Miami, FL
- Square Footage: 3,162
- Price per Square Foot: $3,605
The buyers of the property are Nancy Peretsman and Robert W Scully. The seller is Mh Trust.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $3.6K per square foot on a published $11.4M for 3,162 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93