SOLDCondo
Andy Daro Of Compass Facilitates $5.1M Sale Of Bal Harbour Condo
10295 Collins Avenue
$5,100,000
$1,929/SF
Building Size
2,643 SF
Asset Type
Condo
Closing
Feb 28, 2024
AI
The property at 10295 Collins Avenue in Bal Harbour is a condo with a size of 2,643 square feet. The recent transaction involved a sale price of $5,100,000, equating to a price per square foot of $1,930.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,100,000
- Buyer: Lewis Meirowitz
- Buyer's Representative: Andy Daro - The Daro Team - Compass
Andy Daro, from The Daro Team at Compass, represented the buyer, Lewis Meirowitz, in the deal.
Players
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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93