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
About this deal
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
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.6K per square foot on a published $8.5M for 3,264 square feet (2023).
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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