Bruce Roden Acquires Bal Harbour Condo For $5.3M With Buyer's Rep Joel Lusky & Seller's Rep Pili Gomez
10203 Collins Ave Unit 401
$5,300,000
$2,467/SF
Building Size
2,148 SF
Asset Type
Condo
Closing
Apr 4, 2022
AI
A condo in Bal Harbour has been sold for $5,300,000. The property, located at 10203 Collins Ave Unit 401, offers 2,148 square feet of space. The sale price per square foot was $2,467.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,300,000
- Address: 10203 Collins Ave Unit 401
- Market: Bal Harbour
The buyer of the condo is Bruce Roden, with Joel Lusky from Douglas Elliman and Zalmy Shapiro from SREG representing him. The seller of the property is Sebastian Hochbaum, with Pili Gomez and Dora Puig from Luxe Living Miami as the seller's representatives.
Players
Bal Harbour 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93