Mariana Niro Of Serhant Sells Condo At 10203 Collins Ave, Bal Harbour For $9.5M
SOLD
$9,500,000
Florida
See Similar DealsCondo3,450 SF
Sold 06/07/2024
SOLD
Mariana Niro Of Serhant Sells Condo At 10203 Collins Ave, Bal Harbour For $9.5M
10203 Collins Avenue
See Similar DealsCondo3,450 SF
Sold 06/07/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,753
Total Square Footage:3,450 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$506,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$33,751.50
Cash-on-Cash Return-1.27%
Monthly Debt Service$45,034.85
Annual Debt Service$540,418.16
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