Golden Keys Inc & The Agency RE Broker Sale Of Bal Harbour Condo For $3.575M
SOLD
Florida
See Similar DealsCondo3,800 SF
Sold 11/30/2022
SOLD
Golden Keys Inc & The Agency RE Broker Sale Of Bal Harbour Condo For $3.575M
10225 Collins Avenue
See Similar DealsCondo3,800 SF
Sold 11/30/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$940
Total Square Footage:3,800 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$190,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,701.22
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,947.32
Annual Debt Service$203,367.89
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