Jose Luis Blanco Sells Bal Harbour Condo For $3.5M With Mushka Jacobson & Dina Goldentayer Of Douglas Elliman
SOLD
$3,500,000
Florida
See Similar DealsCondo1,518 SF
Sold 06/05/2022
SOLD
Jose Luis Blanco Sells Bal Harbour Condo For $3.5M With Mushka Jacobson & Dina Goldentayer Of Douglas Elliman
10201 Collins Avenue, Bal Harbour, Florida 33154, United States
See Similar DealsCondo1,518 SF
Sold 06/05/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,305
Total Square Footage:1,518 SF
Transaction Type:Sale
A condo located at 10201 Collins Ave in Bal Harbour has been sold for $3,500,000. This property covers an area of 1,518 square feet, resulting in a price per square foot of $2,306.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,500,000
- Address: 10201 Collins Ave, Bal Harbour
The seller of this condo was Jose Luis Blanco. The deal was facilitated by Mushka Jacobson and Dina Goldentayer from Douglas Elliman, who represented the buyer and the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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