Bal Harbour Condo Sells For $1.86M To Nathan Shore, Jessica Chestler, And Ben Jacobs
SOLD
$1,860,000
Florida
See Similar DealsCondo2,353 SF
Sold 04/02/2023
SOLD
Bal Harbour Condo Sells For $1.86M To Nathan Shore, Jessica Chestler, And Ben Jacobs
10175 Collins Avenue 402
See Similar DealsCondo2,353 SF
Sold 04/02/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$790
Total Square Footage:2,353 SF
Transaction Type:Sale
A condominium unit located at 10175 Collins Avenue 402 in Bal Harbour has been sold for a price of $1,860,000. The property spans 2,353 square feet and has a price per square foot of $790.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,860,000
- Address: 10175 Collins Avenue 402, Bal Harbour
- Market: Bal Harbour
The deal was facilitated by brokers Nathan Shore, Jessica Chestler, and Ben Jacobs of Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$99,199.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,608.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,817.35
Annual Debt Service$105,808.19
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