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10203 Collins Avenue

Mariana Niro Of Serhant Sells Condo At 10203 Collins Ave, Bal Harbour For $9.5M
SOLDCondo

Mariana Niro Of Serhant Sells Condo At 10203 Collins Ave, Bal Harbour For $9.5M

10203 Collins Avenue

$9,500,000

$2,753/SF

Building Size

3,450 SF

Asset Type

Condo

Closing

Jun 7, 2024

AI

A luxurious Condo located at 10203 Collins Avenue, Bal Harbour, was recently sold for $9,500,000. Spanning 3,450 square feet, the property was transacted at a price per square foot of $2,754. The sale was facilitated by Mariana Niro from Serhant, representing the buyer, and Monica Cohan from MC Miami Realty, who represented the seller.

Summary of transation details:

  • Property Type: Condo
  • Transaction Amount: $9,500,000
  • Address: 10203 Collins Avenue, Bal Harbour
  • Buyer's Rep: Mariana Niro - Serhant
  • Seller's Rep: Monica Cohan - MC Miami Realty

For more information about this property or to inquire about similar listings, interested parties can contact Monica Cohan at 305-496-5840 or via email at [email protected]. Additional details can also be found by visiting MC Miami Realty's website at www.mcmiamirealty.com. MC Miami Realty prides itself on providing the experience, results, and loyalty that clients deserve.

Players

Mariana Niro

Serhant

Broker

$83.2M

vol

6 deals

Broker

Bal Harbour Condo Market Snapshot

Boundary boundary ยท Condo ยท Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.67%

Cash-on-Cash

-0.48%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93