Adriana Vargas Hernandez - Acqualina Realty Sells Condo For $11M At The Estates In Sunny Isles Beach
17901 Collins Avenue Sunny Isles Beach, Fl 33160
$11,000,000
$1,973/SF
Building Size
5,573 SF
Asset Type
Co-Op
Closing
Oct 18, 2022
About this deal
AI
The Estate at Acqualina in Sunny Isles Beach has seen a notable sale recently. A beautiful condominium located at 17901 Collins Avenue changed hands in a closed transaction. The property, known as the Milano Model, boasts a spacious 5,573 square feet. The sale price for this luxury residence was $11,000,000, resulting in an impressive price per square foot of $1,974.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,000,000
- Square Footage: 5,573
- Price Per Square Foot: $1,974
- Address: 17901 Collins Avenue, Sunny Isles Beach
- Seller's Representative: Adriana Vargas Hernandez from Acqualina Realty
Adriana Vargas Hernandez from Acqualina Realty played a key role in this resale transaction. She represented the seller throughout the process. For more information on other exclusive off-market listings available at The Estates at Acqualina, feel free to contact her directly at 305.389.5428 or [email protected].
Sunny Isles Beach Co-Op Market Snapshot
Boundary boundary · Co-Op · Sale transactions
Loading comparables…
Deal FAQ
Visit Adriana Vargas Hernandez to view all their deals.
Browse Florida co op sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.44%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93