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

Property Image
SOLD
$2,900,000
Diana Shay
Sergio Balinotti
+ 1

Florida

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1,685 SF
Sold 03/25/2022
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Property Image
SOLD

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

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

See Similar Deals
1,685 SF
Sold 03/25/2022
Diana Shay
Sergio Balinotti
+ 1
Contact now

Summary

FLORIDA
Price Per Square Foot:$1,721
Total Square Footage:1,685 SF
Transaction Type:Sale

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
33 deals$224.3M volume
BROKER

Sergio Balinotti
BRG International
20 deals$134.7M volume
BROKER

Diana Shay
5 deals$476M volume
BROKER

Elena Britatina
4 deals$16M volume
BROKER

Yaffe International Realty
BROKERAGE

Details

SOLD
IMAGE: Diana Shay & Elena Britatina DATE: 03/25/2022 ADDRESS: 9705 Collins Ave, MARKET: Bal Harbour ASSET TYPE: Condo BUYER: Stan and Eva Rabinovich SELLER: Burlyuk Anastasia BROKERS: Diana Shay (@DianaShayMiami) - Miami New Home Realty & Elena Britatina (@ElenaSellsMiami) - Prime Life Realty ASKING PRICE: $3,100,000 SALE PRICE: $2,900,000 SF: 1,599 ~ PPSF: $1,814

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75