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
About this deal
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.
Bal Harbour CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $2.8M for 1,599 square feet (2021).
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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