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10201 Collins Avenue

Consultatio Bal Harbour Sells Oceana Bal Harbour South Unit For $8.5M
SOLDCondo

Consultatio Bal Harbour Sells Oceana Bal Harbour South Unit For $8.5M

10201 Collins Avenue

$8,500,000

$2,604/SF

Building Size

3,264 SF

Asset Type

Condo

Closing

Feb 3, 2023

AI

Oceana Bal Harbour South 2403, located at 10201 Collins Avenue in Bal Harbour, has been sold for $8,500,000. This luxurious condo offers breathtaking oceanfront views and a wealth of amenities. The unit encompasses 3,264 square feet of living area and features 3 bedrooms, 4.5 bathrooms, and floor-to-ceiling glass doors. The kitchen and bathrooms are adorned with exquisite Dada finishes. The sale price reflects a price per square foot of $2,604.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $8,500,000
  • Address: 10201 Collins Avenue, Bal Harbour
  • Square Footage: 3,264 sq ft
  • Asking Price: $9,050,000
  • Seller: Consultatio Bal Harbour
  • Buyer's Representative: Juan Alvarez & Carolina Villabona - BlokHaus Real Estate + Investments

In addition to its stunning features, Oceana Bal Harbour offers an array of top-of-the-line amenities. Residents can enjoy a world-class spa, a private restaurant, two pools, two tennis courts, and a 24-hour concierge service. This truly is an oceanfront oasis designed for those who appreciate the finer things in life.

Congratulations to Juan Alvarez and Carolina Villabona of BlokHaus Real Estate + Investments for assisting their client in acquiring this exceptional property. Their expertise in the luxury real estate market and their dedication to providing a 5-star experience have undoubtedly contributed to the successful closing of this transaction.

Players

Juan Alvarez

BlokHaus Real Estate + Investments

Broker

$41M

vol

5 deals

Broker
CH
Consultatio Bal HarbourSeller

Bal Harbour Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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