Alex Pellegrini Acquires $4.7M Condo In Miami Beach With Broker Ana Teresa Rodriguez - ATR Luxury Homes
1 Collins Avenue, Miami Beach, Florida 33139, United States
$4,700,000
$1,566,666/SF
Building Size
3 SF
Asset Type
Condo
Closing
Feb 6, 2022
About this deal
AI
Ana Teresa Rodriguez of ATR Luxury Homes - Coldwell Banker Realty represented the buyer, Alex Pellegrini, in the sale of a condo located at 1 Collins Ave in Miami Beach. The transaction took place on 06/02/2022. The condo has a total square footage of 3,040 and was sold for $4,700,000, resulting in a price per square foot of $1,546. The sale was captured beautifully in a photo by Ana Teresa Rodriguez.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $4,700,000
- Address: 1 Collins Ave, Miami Beach
- Buyer: Alex Pellegrini
- Broker: Ana Teresa Rodriguez - ATR Luxury Homes - Coldwell Banker Realty
- Date: 06/02/2022
- Photo by: Ana Teresa Rodriguez
- Square Footage: 3,040
- Price per Square Foot: $1,546
The transaction was facilitated by Ana Teresa Rodriguez, a broker with ATR Luxury Homes - Coldwell Banker Realty. Both the buyer, Alex Pellegrini, and the seller were represented by Ana in this successful deal.
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.6M per square foot on a published $4.7M for 3 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93