Oscar Arellano Acquires Bal Harbour Condo For $7.9M With Seller's Rep Senada Adzem
10203 Collins Avenue, Bal Harbour, Florida 33154, United States
$7,900,000
$1,796/SF
Building Size
4,397 SF
Asset Type
Condo
Closing
Mar 1, 2022
About this deal
AI
A condo located at 10203 Collins Ave, Bal Harbour, has been sold for $7,900,000. The property spans 4,397 square feet and has a price per square foot of $1,797. The sale was facilitated by Oscar Arellano of Berkshire Hathaway HomeServices EWM Realty, who represented the buyer, and Senada Adzem of Douglas Elliman, who served as the seller's representative.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $7,900,000
- Address: 10203 Collins Ave, Bal Harbour
- Square Footage: 4,397
- Price Per Square Foot: $1,797
- Buyer's Representative: Oscar Arellano - Berkshire Hathaway HomeServices EWM Realty
- Seller's Representative: Senada Adzem - Douglas Elliman
Oscar Arellano, representing Berkshire Hathaway HomeServices EWM Realty, acted as the buyer's representative, while Senada Adzem, from Douglas Elliman, served as the seller's representative in this property transaction.
On the Map
$7,900,000
$1,796/SF
Condo
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Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $7.9M for 4,397 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93