Monica Cohan Of MC Miami Realty Represents Buyer In $17.5M Bal Harbour Condo Sale
10203 Collins Avenue, UNIT 2001
$17,500,000
$2,351/SF
Building Size
7,442 SF
Asset Type
Condo
Closing
Jun 21, 2024
AI
The condo located at 10203 Collins Avenue, Bal Harbour, FL was sold for $17,500,000 on 06/21/2024. The property spans 7,442 square feet with a price per square foot of $2,352. Sold as a raw space with approved plans, the transaction was facilitated by Ethan Assouline and Ruthie Assouline from Douglas Elliman, representing the sellers, and Monica Cohan from MC Miami Realty, representing the buyers.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $17,500,000
- Address: 10203 Collins Avenue, Bal Harbour, FL
- Square Footage: 7,442
- Seller's Rep: Ethan Assouline & Ruthie Assouline - Douglas Elliman
- Buyer's Rep: Monica Cohan - MC Miami Realty
The Assouline Team at Oceana Bal Harbour has been instrumental in this sale, marking nearly $120M in transactions at the location to date. The team's expertise has been a significant factor in Bal Harbour's real estate market.
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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93