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10201 Collins Avenue

Douglas Elliman Represents Buyer In $25M Bal Harbour Condo Sale
SOLDCondo

Douglas Elliman Represents Buyer In $25M Bal Harbour Condo Sale

10201 Collins Avenue

$25,000,000

$3,359/SF

Building Size

7,442 SF

Asset Type

Condo

Closing

May 5, 2023

AI

The Bal Harbour property located at 10201 Collins Avenue Unit 2101/02 has been sold in a recent transaction. The condo, spanning a total of 7,442 square feet, was sold for a total price of $25,000,000. The price per square foot was calculated at $3,359.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $25,000,000
  • Square Footage: 7,442
  • Price per Square Foot: $3,359
  • Address: 10201 Collins Avenue Unit 2101/02
  • Market: Bal Harbour

The buyer's representatives in this transaction were Ruthie and Ethan Assouline from Douglas Elliman. On the other hand, the seller's representatives were Oren Alexander and Tal Alexander from Official. Both parties played instrumental roles in facilitating the sale of this Bal Harbour condo.

Players

Oren Alexander

Official

Broker

$2B

vol

106 deals

Broker

Miami 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

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93