HQ Realty International Group Sells Bal Harbour Condo For $4.2M
SOLD
$4,200,000
Florida
See Similar DealsCondo2,226 SF
Sold 02/23/2022
SOLD
HQ Realty International Group Sells Bal Harbour Condo For $4.2M
10201 Collins Avenue, Bal Harbour, Florida 33154, United States
See Similar DealsCondo2,226 SF
Sold 02/23/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,886
Total Square Footage:2,226 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$223,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71
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