Saundra J. Grundwerg Revocable Trust Sells Bal Harbour Condo For $3.55M
10225 Collins Avenue,
$3,550,000
$929/SF
Building Size
3,820 SF
Asset Type
Condo
Closing
Apr 12, 2023
About this deal
AI
The property involved in the transaction is a condo located at 10225 Collins Avenue Unit 902 in Bal Harbour. The condo has a total area of 3,820 square feet and was sold for a price of $3,550,000, resulting in a price per square foot of $929.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,550,000
- Square Feet: 3,820
- Price per Square Foot: $929
- Address: 10225 Collins Avenue Unit 902, Bal Harbour
- Market: Bal Harbour
The seller in this transaction is the Saundra J. Grundwerg Revocable Trust. Lydia Eskenazi from Sotheby's International Realty represented the buyer, and David Siddons represented the seller in the deal.
On the Map
$3,550,000
$929/SF
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.47%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93