HQ Realty International Group And Coldwell Banker Residential Real Estate Sell Bal Harbour Condo For $8.5M
10201 Collins Avenue, Bal Harbour, Florida 33154, United States
$8,500,000
$2,463/SF
Building Size
3,450 SF
Asset Type
Condo
Closing
May 23, 2020
About this deal
AI
A condo unit located at 10201 Collins Ave, Unit 2402 in Bal Harbour has been sold. The property, spanning 3,450 square feet, was listed for sale at an asking price of $8,799,000. The sale price of the condo was finalized at $8,500,000, resulting in a price per square foot of $2,464.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $8,500,000
- Address: 10201 Collins Ave, Unit 2402, Bal Harbour
- Market: Bal Harbour
- Asking Price: $8,799,000
- Square Footage: 3,450
- Price per Square Foot: $2,464
The sale was facilitated by Matias Derito Conway from HQ Realty International Group and Bruno Junqueira from Coldwell Banker Residential Real Estate. Both brokers represented the respective parties involved in the transaction.
On the Map
$8,500,000
$2,463/SF
Condo
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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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93