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
About this deal
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.
On the Map
$2,800,000
$1,296/SF
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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