Daniel & Arielle Rosenberg Acquire Surfside Condo At 9365 Collins Avenue For $16.8M
9365 Collins Avenue, Surfside, FL, USA
$16,800,000
$2,582/SF
Building Size
6,505 SF
Asset Type
—
Closing
Jan 11, 2021
AI
The sale of a condo unit in Surfside has been completed at 9365 Collins Avenue PH03. The property, with a total area of 6,505 square feet, was sold for $16,800,000. The price per square foot was calculated to be $2,583. The transaction took place on January 12, 2021. The buyer of the condo unit is Daniel & Arielle Rosenberg, while the seller is Miriam Langer. Irving Langer, representing E&M Management, was the seller's representative in the deal.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $16,800,000
- Address: 9365 Collins Avenue PH03
- Market: Surfside
- Square Footage: 6,505
- Price per Square Foot: $2,583
The sale was facilitated by Irving Langer of E&M Management, representing the seller Miriam Langer. No additional information about the transaction was provided.
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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93