Ryan Mendell Of Maxwelle Real Estate Group Represents Buyer For $12.75M Condo Sale In Bal Harbour
10203 Collins Avenue
$12,750,000
$3,046/SF
Building Size
4,185 SF
Asset Type
Condo
Closing
Jun 9, 2026
About this deal
AI
The property involved in this transaction is a condo located at 10203 Collins Avenue Unit 701, in the Bal Harbour market. The asset spans 4,185 square feet and was sold for a price of $12,750,000, which translates to a price per square foot of $3,046.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,750,000
- Square Footage: 4,185
- Price Per Square Foot: $3,046
- Address: 10203 Collins Avenue Unit 701
- Market: Bal Harbour
- Seller's Representative: Ruthie Assouline, Ethan Assouline - Douglas Elliman
- Buyer's Representative: Ryan Mendell - Maxwelle Real Estate Group
This transaction was facilitated by Ruthie Assouline and Ethan Assouline, representing the seller from Douglas Elliman, while Ryan Mendell represented the buyer through Maxwelle Real Estate Group.
On the Map
$12,750,000
$3,046/SF
Condo
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Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.24%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93