Consultatio Bal Harbour Sells Condo At 10201 Collins Avenue For $2.3M With Martina Colombres And Harel Bitton
SOLD
$2,300,000
Florida
See Similar DealsCondo1,805 SF
Sold 05/06/2025
SOLD
Consultatio Bal Harbour Sells Condo At 10201 Collins Avenue For $2.3M With Martina Colombres And Harel Bitton
10201 Collins Avenue
See Similar DealsCondo1,805 SF
Sold 05/06/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,274
Total Square Footage:1,805 SF
Transaction Type:Sale
The property involved in the transaction is a condo located at 10201 Collins Avenue in Bal Harbour. The asset has a sale price of $2,300,000 and encompasses a total square footage of 1,805, resulting in a price per square foot of $1,274.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,300,000
- Address: 10201 Collins Avenue
- Market: Bal Harbour
- Square Footage: 1,805
- Price per Square Foot: $1,274
- Seller: Consultatio Bal Harbour
- Buyer's Representative: Harel Bitton - Cromwell & Forbes Inc
- Seller's Representative: Martina Colombres
The transaction featured key individuals, including Harel Bitton representing the buyer through Cromwell & Forbes Inc and Martina Colombres representing the seller. The deal reflects the involvement of these representatives in facilitating the dynamics of the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$122,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08
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