Marie Katri Nahmad Sells Bal Harbour Resi Condo To 1701 BM For $15.5M
SOLD
$15,500,000
Florida
See Similar Deals13,250 SF
Sold 02/03/2021
SOLD
Marie Katri Nahmad Sells Bal Harbour Resi Condo To 1701 BM For $15.5M
9701 Collins Ave, Bal Harbour, FL, USA
See Similar Deals13,250 SF
Sold 02/03/2021
Summary
FLORIDA
Price Per Square Foot:$1,169
Total Square Footage:13,250 SF
Transaction Type:Sale
A residential condo located at 9701 Collins Ave, Bal Harbour, was recently sold in an off-market deal. The transaction took place on February 3, 2021.
Summary of transaction details:
- Property Type: Residential Condo
- Sale Price: $15,500,000
- Square Footage: 13,250
- Price Per Square Foot: $1,170
- Address: 9701 Collins Ave, Bal Harbour
The buyer of the property was 1701 BM, while Marie Katri Nahmad acted as the seller. The deal was facilitated by brokers Matias Alem from Matias Alem & Sergio Balinotti from Brgintl.
This transaction showcases a significant sale in the residential condo market, highlighting the demand for properties in Bal Harbour. The involvement of esteemed brokers like Matias Alem and Sergio Balinotti adds credibility and expertise to the deal.
Note: This information was obtained from an Off-Market source, indicating that the property was not publicly listed for sale.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$826,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$55,068.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$73,477.91
Annual Debt Service$881,734.89
Is there something missing? Send suggestions