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
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