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10201 Collins Ave, Bal Harb...

Residential Condo In Bal Harbour Sold For $6.85M - David Vazquez & Mark Zilbert Represented The Sale
SOLDCondo

Residential Condo In Bal Harbour Sold For $6.85M - David Vazquez & Mark Zilbert Represented The Sale

10201 Collins Ave, Bal Harbour, FL, USA

$6,850,000

$1,977/SF

Building Size

3,464 SF

Asset Type

Condo

Closing

Apr 19, 2021

AI

A residential condo located at 10201 Collins Ave S in Bal Harbour has been sold for $6,850,000. The property spans 3,464 square feet and has a price per square foot of $1,977. The transaction took place on 04/19/2021 and was facilitated by brokers David Vazquez and Mark Zilbert.

Summary of transaction details

  • Property Type: Residential Condo
  • Transaction Amount: $6,850,000
  • Address: 10201 Collins Ave S, Bal Harbour
  • Square Footage: 3,464
  • Price Per Square Foot: $1,977
  • Market: Bal Harbour

The property was listed for sale by David Vazquez, who can be contacted on Instagram at @david_vazquez1. Mark Zilbert, who can be reached at @markzilbert, also played an instrumental role in the transaction as the other broker involved. This sale highlights the desirable nature of residential condos in Bal Harbour, with a significant transaction amount and a high price per square foot.

Players

Mark Zilbert

Brown Harris Stevens

Broker

$31.9M

vol

4 deals

Broker

Bal Harbour 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

2.32%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93