Toni Schrager & Lauren Schrager Acquire Bal Harbour Condo For $7.8M
10201 Collins Ave Unit 806 Bal Harbour, FL 33154, USA
$7,875,000
$3,000/SF
Building Size
2,625 SF
Asset Type
Condo
Closing
Jun 22, 2023
About this deal
AI
Located at 10201 Collins Avenue in Bal Harbour, this condo was recently sold for a price of $7,875,000. The property spans over an area of 2,625 square feet, resulting in a price per square foot of $3,000. The transaction took place on June 22, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $7,875,000
- Square Footage: 2,625
- Price Per Square Foot: $3,000
- Address: 10201 Collins Avenue, Bal Harbour
Toni Schrager and Lauren Schrager from Brown Harris Stevens represented the buyer, while the seller was represented by Jeremy Milgroom from Grafeno Realty. These individuals played a significant role in facilitating the transaction.
On the Map
$7,875,000
$3,000/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.01%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93