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Eduardo Costantini Sells Bal Harbour Condo For $3.375M

Property Image
SOLD
$3,375,000
Joel Lusky

Florida

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Condo1,805 SF
Sold 05/09/2022
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Property Image
SOLD

Eduardo Costantini Sells Bal Harbour Condo For $3.375M

10201 Collins Avenue Bal Harbour, Florida 33154, USA

See Similar Deals
Condo1,805 SF
Sold 05/09/2022
Joel Lusky
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,869
Total Square Footage:1,805 SF
Transaction Type:Sale

A condominium located at 10201 Collins Ave in Bal Harbour has been sold for a price of $3,375,000. The property spans across 1,805 square feet and has a price per square foot of $1,870. The seller of the condo was Eduardo Costantini.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $3,375,000
  • Address: 10201 Collins Ave, Bal Harbour
  • Square Footage: 1,805
  • Price Per Square Foot: $1,870

The transaction was facilitated by two brokers. Joel Lusky from Douglas Elliman and Zalmy Shapiro from Sotheby's International Realty, The Brokerage South Florida represented the seller in the deal.

Players

Zalmy Shapiro
33 deals$288.3M volume
BROKER

Joel Lusky
The Brokerage South Florida Real Estate
44 deals$422.7M volume
BROKER

Details

SOLD
IMAGE: Joel Lusky & Zalmy Shapiro DATE: 05/09/2022 ADDRESS: 10201 Collins Ave MARKET: Bal Harbour ASSET TYPE: Condo SELLER: Eduardo Costantini BROKERS: Joel Lusky (@JoelLusky) - Douglas Elliman & Zalmy Shapiro (@Zalmy_Shapiro) - Sotheby’s International Realty (@SothebysRealty), The Brokerage South Florida (@TheBrokerage_RE) SALE PRICE: $3,375,000 SF: 1,805 ~ PPSF: $1,870

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$180,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,990.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,999.22
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