G Realty Group Acquires Condo At 15701 Collins Ave Miami For $5.56M
15701 Collins Avenue
$5,560,000
$1,982/SF
Building Size
2,804 SF
Asset Type
Co-Op
Closing
Oct 28, 2022
About this deal
AI
A condo located at 15701 Collins Ave in Miami's Sunny Isles Beach has been sold for a price of $5,560,000. The property spans a total of 2,804 square feet, resulting in a price per square foot of $1,983.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,560,000
- Address: 15701 Collins Ave, Miami, Sunny Isles Beach
- Square Footage: 2,804
- Price per Square Foot: $1,983
- Buyer's Rep: Sarah Gozlan - G Realty Group, LLC
- Seller's Rep: Daniel Tzinker & Mikhail Mudrik - The Agency Florida, LLC
The buyer's representative for this transaction was Sarah Gozlan from G Realty Group, LLC. On the other hand, the seller's representatives were Daniel Tzinker and Mikhail Mudrik from The Agency Florida, LLC.
Players
Sunny Isles Beach Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.85%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93