facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

All

/

Sale

/

9365 Collins Avenue, Surfsi...

Daniel & Arielle Rosenberg Acquire Surfside Condo At 9365 Collins Avenue For $16.8M
SOLD

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

Irving Langer

E&M Management

Seller

$510.4M

vol

10 deals

Seller
EM
E&M ManagementSeller

Surfside CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

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