Jabl Inc Acquires Condo Unit In Miami Beach For $10.9M
9349 Collins Avenue, Miami, Florida 33154, United States
$10,900,000
$2,553/SF
Building Size
4,268 SF
Asset Type
—
Closing
Jun 29, 2022
About this deal
AI
A condominium unit located at 9349 Collins Ave in Miami Beach, FL has been sold in a recent transaction. The property, spanning 4,268 square feet, was purchased by Jabl Inc for a price of $10,900,000. The purchase price equates to a price per square foot of $2,554.
Summary of transaction details:
- Property Type: Condo Unit
- Transaction Amount: $10,900,000
- Address: 9349 Collins Ave, Miami Beach, FL
- Buyer: Jabl Inc - Bart H Chepenik
- Seller: Marcelo Medina
Bart H Chepenik, representing Jabl Inc, acted as the buyer in this transaction. Marcelo Medina, on the other hand, served as the seller.
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
1.46%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93