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10225 Collins Avenue

Golden Keys Inc & The Agency RE Broker Sale Of Bal Harbour Condo For $3.575M
SOLDCondo

Golden Keys Inc & The Agency RE Broker Sale Of Bal Harbour Condo For $3.575M

10225 Collins Avenue

$3,575,000

$940/SF

Building Size

3,800 SF

Asset Type

Condo

Closing

Nov 30, 2022

AI

The property involved in this transaction is a condo located at 10225 Collins Ave in Bal Harbour. The sale took place on November 30, 2022. The property has a total area of 3,800 square feet and was sold for $3,575,000, resulting in a price per square foot of $941.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,575,000
  • Address: 10225 Collins Ave, Bal Harbour
  • Square Footage: 3,800
  • Price per Square Foot: $941

The brokers involved in this deal were Victoria Romanenko from Golden Keys Inc and Paulina Sneider from The Agency RE. They represented the buyer and the seller respectively.

Players

Victoria Romanenko

Broker

$38.9M

vol

11 deals

Broker

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

4.44%

Cash-on-Cash

-1.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93