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10201 Collins Avenue, Bal H...

Yam Elyam Acquires Bal Harbour Condo From Hizuru Ehara For $12.4M. Tracy Galya (Douglas Elliman) Represents Buyer. Mark Zilbert (Zilbert) And Lisa Van Wagenen (Brown Harris Stevens) Represent Seller
SOLDCondo

Yam Elyam Acquires Bal Harbour Condo From Hizuru Ehara For $12.4M. Tracy Galya (Douglas Elliman) Represents Buyer. Mark Zilbert (Zilbert) And Lisa Van Wagenen (Brown Harris Stevens) Represent Seller

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

$12,400,000

$3,106/SF

Building Size

3,992 SF

Asset Type

Condo

Closing

Jul 18, 2022

AI

Located in Bal Harbour, this condo at 10201 Collins Avenue unit 1801 was recently sold in a closed transaction. The property offers 3,992 square feet of space and features a stunning view. The sale was facilitated by Tracy Galya of Douglas Elliman, who represented the buyer, Yam Elyam, and Mark Zilbert of Zilbert and Lisa Van Wagenen of Brown Harris Stevens, who represented the seller, Hizuru Ehara.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $12,400,000
  • Square Footage: 3,992
  • Price Per Square Foot: $3,106
  • Market: Bal Harbour

This successful transaction is a testament to the skilled negotiation and representation of the buyer and seller. Tracy Galya of Douglas Elliman and Mark Zilbert of Zilbert, along with Lisa Van Wagenen of Brown Harris Stevens, demonstrated their expertise in closing this deal. The sale of this property highlights the strong market in Bal Harbour and the desirability of luxury condos in the area.

Players

Mark Zilbert

Brown Harris Stevens

Broker

$31.9M

vol

4 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

1.28%

Cash-on-Cash

-0.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93