Jaime Blatt Of Compass Represents Buyer In $3,725,000 Sale Of Miami Beach Condo
1 Collins Avenue
$3,725,000
$1,821/SF
Building Size
2,045 SF
Asset Type
Condo
Closing
Jul 7, 2026
About this deal
AI
The property involved in this transaction is a condo located at 1 Collins Avenue Unit 402 in the Miami Beach market. It was sold for $3,725,000, boasting a total square footage of 2,045, which equates to a price per square foot of $1,821.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,725,000
- Square Footage: 2,045
- Price Per Square Foot: $1,821
- Address: 1 Collins Avenue Unit 402
- Market: Miami Beach
- Buyer's Representative: Jaime Blatt - Compass
- Seller's Representatives: Taylor Richardson & Michael Duchon - The Corcoran Group
This transaction was facilitated with the involvement of Jaime Blatt representing the buyer. The seller was represented by the duo of Taylor Richardson and Michael Duchon, both affiliated with The Corcoran Group, ensuring a comprehensive handling of the deal from both sides.
On the Map
$3,725,000
$1,821/SF
Condo
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Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.26%
Cash-on-Cash
-1.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93