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9705 Collins Avenue, Bal Ha...

Stan And Eva Rabinovich Acquire Bal Harbour Condo For $2.9M
SOLD

Stan And Eva Rabinovich Acquire Bal Harbour Condo For $2.9M

9705 Collins Avenue, Bal Harbour, Florida 33154, United States

$2,900,000

$1,721/SF

Building Size

1,685 SF

Asset Type

Closing

Mar 24, 2022

AI

A condo located at 9705 Collins Ave in Bal Harbour has recently been sold. The property, spanning 1,599 square feet, was sold for a sale price of $2,900,000. The condo features a price per square foot of $1,814.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,900,000
  • Address: 9705 Collins Ave, Bal Harbour
  • Square Footage: 1,599

The buyers of the condo are Stan and Eva Rabinovich, while the seller is Burlyuk Anastasia. The transaction was facilitated by Diana Shay from Miami New Home Realty and Elena Britatina from Prime Life Realty.

Please note that no further information was provided regarding the financing or any other additional details of the transaction.

Players

Matias Alem

BRG International

Broker

$224.3M

vol

33 deals

Broker
Yaffe International Realty
Yaffe International RealtyBrokerage

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

5.47%

Cash-on-Cash

-1.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93