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10201 Collins Ave Unit 806 ...

Toni Schrager & Lauren Schrager Acquire Bal Harbour Condo For $7.8M
SOLDCondo

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

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.

Players

Toni Schrager

Brown Harris Stevens

Broker

$90.8M

vol

9 deals

Broker

Miami 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

2.01%

Cash-on-Cash

-0.58%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93