Lydia Eskenazi Acquires Condo In Bal Harbour, FL For $2.8M
SOLD
$2,800,000
Florida
See Similar Deals1,599 SF
Sold 04/09/2021
SOLD
Lydia Eskenazi Acquires Condo In Bal Harbour, FL For $2.8M
9705 Collins Ave, Bal Harbour, Florida, USA
See Similar Deals1,599 SF
Sold 04/09/2021
Summary
FLORIDA
Price Per Square Foot:$1,751
Total Square Footage:1,599 SF
Transaction Type:Sale
A 1,599 square foot condo located at 9705 Collins Ave in Bal Harbour, FL has been sold for $2,800,000. The condo was listed for an asking price of $2,895,000, resulting in a final sale price of $2,800,000. The price per square foot for this transaction was $1,751.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,800,000
- Address: 9705 Collins Ave, Bal Harbour, FL
- Square Footage: 1,599
- Asking Price: $2,895,000
- Price Per Square Foot: $1,751
Lydia Eskenazi from Harding Realty Inc. represented the buyer in this transaction. Anna Sherrill from One Sotheby's International Realty represented the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
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