Andy Rotondaro and Viktoriya Donisova Represent the Seller in the $2.9M Sale of a Condo at 10295 Collins Ave, Bal Harbour.
SOLD
$2,900,000
Florida
See Similar DealsCondo2,009 SF
Sold 03/29/2024
SOLD
Andy Rotondaro and Viktoriya Donisova Represent the Seller in the $2.9M Sale of a Condo at 10295 Collins Ave, Bal Harbour.
10295 Collins Avenue
See Similar DealsCondo2,009 SF
Sold 03/29/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,443
Total Square Footage:2,009 SF
Transaction Type:Sale
A condominium located at 10295 Collins Avenue Unit 806 in the Bal Harbour market was involved in a sale transaction. This 2-bedroom, 2-bathroom residence has a total area of 2,009 square feet and was sold for $2,900,000, which equates to a price per square foot of $1,444.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,900,000
- Location: 10295 Collins Avenue Unit 806
- Market: Bal Harbour
- Square Footage: 2,009
- Price per Square Foot: $1,444
- Buyer: Kenneth Carnesi
- Seller: Lewis Meirowitz
- Seller's Representative: Andy Rotondaro & Viktoriya Donisova Ho - The Daro Team - Compass
The deal features Kenneth Carnesi as the buyer acquiring the property from seller Lewis Meirowitz. Andy Rotondaro and Viktoriya Donisova Ho represented the seller as part of The Daro Team at Compass. The transaction highlights the collaboration between the parties involved in the real estate deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$154,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,303.08
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,747.48
Annual Debt Service$164,969.75
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