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10295 Collins Avenue

London Foster & Douglas Elliman Facilitates $8.1M Sale Of Bal Harbour Condo
SOLDCondo

London Foster & Douglas Elliman Facilitates $8.1M Sale Of Bal Harbour Condo

10295 Collins Avenue

$8,100,000

$3,064/SF

Building Size

2,643 SF

Asset Type

Condo

Closing

Feb 14, 2024

AI

The property at 10295 Collins Avenue, Bal Harbour, is a condo with a sale price of $8,100,000. The square footage of the property is 4,049, with a price per square foot of $2,000.

Summary of transaction details:

Daniel Mordechai from London Foster represented the buyer in this transaction, while Kim Rodstein from Douglas Elliman represented the seller.

Players

Kimberly Rodstein

Douglas Elliman

Broker

$50M

vol

8 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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93