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8701 Collins Avenue, Surfsi...

World No.1 Tennis Player Novak Djokovic Sells Surfside Condo At Eighty Seven Park For $6M
SOLD

World No.1 Tennis Player Novak Djokovic Sells Surfside Condo At Eighty Seven Park For $6M

8701 Collins Avenue, Surfside, FL 33154, USA

$6,000,000

$2,233/SF

Building Size

2,687 SF

Asset Type

Closing

Jun 17, 2020

AI

Novak Djokovic recently sold his property at the coveted Eighty Seven Park by Renzo Piano in Surfside. The corner condo unit, located at 8701 Collins Ave, Unit 901, offers stunning direct ocean views and measures 2,241 square feet. It features three bedrooms, 3½ baths, and 10-foot ceilings. The highlight of the apartment is the spacious 1,715-square-foot wraparound terrace. The sale was completed on June 17, 2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $6,000,000
  • Address: 8701 Collins Ave, Unit 901, Surfside
  • Market: Surfside

The buyer's representative for this transaction was Joyce Gato from Douglas Elliman. She can be reached at p.917.992.0552 or [email protected]. Visit her website at http://www.joycegato.com or find her on Instagram at @JoyceGato1. The seller, Novak Djokovic, was represented by Carlo Dipasquale from Cervera Real Estate. He can be contacted at p.786.512.5094 or [email protected]. For more information about Carlo Dipasquale, visit http://www.carlodipasquale.com or follow him on Instagram at @CarloDipasqualeMiami.

Note: This transaction was recently closed as per the broker's note.

This deal at Eighty Seven Park showcases the involvement of high-profile individuals and reputable real estate agencies. Carlo Dipasquale from Cervera Real Estate was the broker representing Novak Djokovic, while Joyce Gato from Douglas Elliman represented the buyer. With their expertise, they facilitated a successful transaction between the seller and the buyer.

Players

Carlo Dipasquale

Compass

Broker

$96.6M

vol

13 deals

Broker

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

2.64%

Cash-on-Cash

-0.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93