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10201 Collins Avenue, Bal H...

HQ Realty International Group Sells Bal Harbour Condo For $4.2M
SOLDCondo

HQ Realty International Group Sells Bal Harbour Condo For $4.2M

10201 Collins Avenue, Bal Harbour, Florida 33154, United States

$4,200,000

$1,886/SF

Building Size

2,226 SF

Asset Type

Condo

Closing

Feb 23, 2022

AI

A luxury condo unit located at 10201 Collins Ave Apt 1807 in Bal Harbour has been sold. The property, showcased in an Instagram post by Matias Derito, offers a spacious living area with a total square footage of 2,226. The condo features stunning views and is situated in the prestigious Bal Harbour market.

Summary of transaction details:

  • Property Type: Condo
  • Asking Price: $4,295,000
  • Sale Price: $4,200,000
  • Price per Square Foot: $1,887

The sale of this luxury condo was facilitated by Matias Derito, who represented the buyer and seller in the transaction. Matias Derito is affiliated with HQ Realty International Group.

Players

Matias Derito Conway

Broker

$48.7M

vol

10 deals

Broker

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

3.78%

Cash-on-Cash

-1.08%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93