Matias Alem Of BRG International Represents Sale Of Bal Harbour Condo For $3.7M
10201 Collins Avenue
$3,700,000
$1,722/SF
Building Size
2,148 SF
Asset Type
Condo
Closing
Sep 12, 2024
AI
A condo located at 10201 Collins Avenue Unit 201 was sold in the Bal Harbour market. The sale price for the property was $3,700,000, and it encompassed a total square footage of 2,148, resulting in a price per square foot of $1,722.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,700,000
- Square Footage: 2,148
- Price per Square Foot: $1,722
- Broker: Matias Alem - BRG International
- Date of Transaction: 09/12/2024
The transaction was facilitated by Matias Alem, representing the seller as the broker from BRG International. This highlights the involvement of a dedicated real estate professional in the closing of this deal.
Players
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
4.29%
Cash-on-Cash
-1.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93