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10201 Collins Avenue

Juan Alvarez & Carolina Villabona Acquire Oceana Bal Harbour Condo For $8.5M
SOLDCondo

Juan Alvarez & Carolina Villabona Acquire Oceana Bal Harbour Condo For $8.5M

10201 Collins Avenue

$8,500,000

$1,142/SF

Building Size

7,442 SF

Asset Type

Condo

Closing

Feb 3, 2023

AI

Oceana Bal Harbour South 2403, located at 10201 Collins Avenue, Bal Harbour, is a luxurious condo unit that recently closed for $8,500,000. This stunning unit offers oceanfront views and spans 3,264 square feet of living area. It features 3 bedrooms, 4.5 bathrooms, and floor-to-ceiling glass doors. The unit is equipped with a Dada Kitchen and baths, as well as golden Calacatta and texture carrara marbles throughout. The master suite overlooks the ocean and the unit comes with top-of-the-line Gaggenau appliances. Oceana Bal Harbour South also provides access to various resort-style amenities, including a world-class spa, a private restaurant, 2 pools, 2 tennis courts, and a 24-hour concierge service. It truly offers a 5-star experience in oceanfront living.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $8,500,000
  • Address: 10201 Collins Avenue, Bal Harbour
  • Square Footage: 3,264

Carolina Villabona and Juan Alvarez from BlokHaus Real Estate + Investments represented the buyer in this transaction. They successfully assisted their client in acquiring this luxurious unit in Oceana Bal Harbour South. Their expertise and knowledge in the real estate market played a crucial role in securing this exceptional property. Their client can now enjoy the lavish lifestyle and world-class amenities offered by Oceana Bal Harbour South.

Players

Juan Alvarez

BlokHaus Real Estate + Investments

Broker

$41M

vol

5 deals

Broker
CH
Consultatio Bal HarbourSeller

Miami 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

1.87%

Cash-on-Cash

-0.53%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93