Consultatio USA Sells Bal Harbour Condo For $8.4M
10201 Collins Avenue, Bal Harbour, Florida 33154, United States
$8,400,000
Building Size
—
Asset Type
Condo
Closing
Jun 30, 2022
AI
A luxury condo located at 10201 Collins Ave in Bal Harbour has been recently sold for a staggering $8,400,000. This property is owned by Consultatio USA and was sold on June 30, 2022. The asset belongs to the condo category and is situated in the Bal Harbour market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,400,000
- Seller: Consultatio USA
- Brokers: Philip Scheinfeld & Amanda Malone - Philip Scheinfeld Team - Compass
- Date: June 30, 2022
- Address: 10201 Collins Ave, Bal Harbour
The sale was facilitated by the Philip Scheinfeld Team from Compass, with Philip Scheinfeld and Amanda Malone serving as brokers for the seller, Consultatio USA. The deal marks a significant transaction in the Bal Harbour market, highlighting the strong demand for luxury condominiums in the area.
Players
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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93