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10201 Collins Avenue, Bal H...

Assouline Team Sells Condo Unit In Bal Harbour, FL For $10.99M
SOLDCondo

Assouline Team Sells Condo Unit In Bal Harbour, FL For $10.99M

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

$10,995,000

$2,754/SF

Building Size

3,992 SF

Asset Type

Condo

Closing

Apr 5, 2022

AI

A record-breaking off-market transaction recently took place in Bal Harbour, FL. The property involved in the deal is a stunning condo located at 10201 Collins Ave, Unit 1501. The condo spans over 3,992 square feet and was sold for an impressive price of $10,995,000, resulting in a price per square foot of $2,754. This transaction presents a unique opportunity for potential buyers and investors to explore more off-market opportunities at Oceana Bal Harbour.

Summary of transaction details

In this remarkable deal, the seller was represented by Ruthie Assouline and Ethan Assouline from Compass, while the buyer was represented by Moshe Goldshtein from ONE Sotheby's International Realty. The involvement of experienced real estate professionals adds credibility and expertise to the transaction. Buyers and sellers can trust the guidance and assistance provided by these knowledgeable representatives as they navigate the complex process of buying or selling a property.

Players

Moshe Goldshtein

Sotheby's International Realty

Broker

$128M

vol

17 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

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93