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10201 Collins Avenue

Consultatio Bal Harbour Sells Condo At 10201 Collins Avenue For $2.3M With Martina Colombres And Harel Bitton
SOLDCondo

Consultatio Bal Harbour Sells Condo At 10201 Collins Avenue For $2.3M With Martina Colombres And Harel Bitton

10201 Collins Avenue

$2,300,000

$1,274/SF

Building Size

1,805 SF

Asset Type

Condo

Closing

May 5, 2025

AI

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.

Players

Martina Colombres

Broker

$36.6M

vol

4 deals

Broker

Bal Harbour 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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93