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9705 Collins Avenue, Miami ...

One Sotheby's International Realty Represents Buyer In $5.5M Bal Harbour Condo Sale
SOLD

One Sotheby's International Realty Represents Buyer In $5.5M Bal Harbour Condo Sale

9705 Collins Avenue, Miami Beach, Florida 33154, United States

$5,500,000

$1,936/SF

Building Size

2,840 SF

Asset Type

Closing

May 14, 2022

AI

Located at 9705 Collins Avenue Bal Harbour in Bal Harbour, this property is a luxury condo with a total area of 2,840 square feet. The sale took place on 05/15/2022, with a sale price of $5,500,000. The price per square foot is $1,937, reflecting the exclusivity and prestige of this asset.

Summary of Transation Details

  • Property Type: Condo
  • Transaction Amount: $5,500,000
  • Square Footage: 2,840
  • Price per Square Foot: $1,937
  • Address: 9705 Collins Avenue Bal Harbour, Bal Harbour

Representing the buyer in this deal is Joelle Oiknine from One Sotheby's International Realty. On the seller's side, Roberto Malca from Cervera Real Estate facilitated the transaction. To inquire further about this property, you can contact Roberto Malca at 786-303-8841 or via email at [email protected]. As a luxury specialist, Roberto's expertise and knowledge contributed to the successful completion of this transaction.

Players

Joelle Oiknine

Sotheby's International Realty

Broker

$99.8M

vol

8 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

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93