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
SOLD
$12,400,000
+ 1
Florida
See Similar DealsCondo3,992 SF
Sold 07/18/2022
SOLD
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
See Similar DealsCondo3,992 SF
Sold 07/18/2022
+ 1
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$3,106
Total Square Footage:3,992 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$661,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,054.60
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,782.33
Annual Debt Service$705,387.91
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