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
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
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