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8925 Collins Avenue, Surfsi...

Nathan Shore's Chestler Jacobs Team Sells Surfside Condo For $1.65M
SOLD

Nathan Shore's Chestler Jacobs Team Sells Surfside Condo For $1.65M

8925 Collins Avenue, Surfside, Florida 33154, United States

$1,650,000

$976/SF

Building Size

1,690 SF

Asset Type

Closing

Aug 3, 2022

AI

The condominium located at 8925 Collins Ave Apt 9B in Surfside has been sold for a total price of $1,650,000. The transaction took place on 08/04/2022 and the property spans approximately 1,690 square feet. The unit is part of a luxurious condo development in the market of Surfside.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $1,650,000
  • Square Footage: 1,690
  • Price Per Square Foot: $976
  • Address: 8925 Collins Ave Apt 9B
  • Market: Surfside

The sale of this condo was handled by Nathan Shore of the Chestler Jacobs Team at Douglas Elliman. Nathan Shore, acting as the broker, facilitated the transaction, ensuring that both the buyer and seller received the necessary support and guidance throughout the process.

Players

Nathan Shore

Douglas Elliman

Broker

$34.1M

vol

12 deals

Broker

Surfside 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

9.61%

Cash-on-Cash

-2.75%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93