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9705 Collins Ave, Bal Harbo...

Lydia Eskenazi Acquires Condo In Bal Harbour, FL For $2.8M
SOLD

Lydia Eskenazi Acquires Condo In Bal Harbour, FL For $2.8M

9705 Collins Ave, Bal Harbour, Florida, USA

$2,800,000

$1,751/SF

Building Size

1,599 SF

Asset Type

Closing

Apr 8, 2021

AI

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.

Players

Anna Sherrill

Sotheby's International Realty

Broker

$195.5M

vol

12 deals

Broker

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