Saundra J. Grundwerg Revocable Trust Sells Bal Harbour Condo For $3.55M
SOLD
$3,550,000
Florida
See Similar DealsCondo3,820 SF
Sold 04/12/2023
SOLD
Saundra J. Grundwerg Revocable Trust Sells Bal Harbour Condo For $3.55M
10225 Collins Avenue,
See Similar DealsCondo3,820 SF
Sold 04/12/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$929
Total Square Footage:3,820 SF
Transaction Type:Sale
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.
Players
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$189,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,612.41
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,828.81
Annual Debt Service$201,945.73
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