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10201 Collins Avenue

Matias Alem Of BRG International Represents Sale Of Bal Harbour Condo For $3.7M
SOLDCondo

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

Matias Alem

BRG International

Broker

$224.3M

vol

33 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

4.29%

Cash-on-Cash

-1.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93