BRG International Represents Both Buyer And Seller In $2.8M Bal Harbour Condo Sale
9601 Collins Avenue, Bal Harbour, Florida 33154, United States
$2,800,000
$1,296/SF
Building Size
2,160 SF
Asset Type
—
Closing
Aug 8, 2022
AI
A condo located at 9601 Collins Ave in Bal Harbour was recently sold for a price of $2,800,000. The property spans approximately 2,160 square feet, resulting in a price per square foot of $2,160. The transaction took place on 08/09/2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,800,000
- Address: 9601 Collins Ave, Bal Harbour
- Buyer's Representative: Matias Alem - BRG International
- Seller's Representative: Sergio Balinotti - BRG International
Matias Alem from BRG International represented the buyer in this deal, while Sergio Balinotti, also from BRG International, represented the seller.
Players
Bal Harbour 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
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93