Carlos Salhuana Paredes Sells Sunny Isles Beach Condo For $7.9M
15701 Collins Avenue
$7,900,000
$2,465/SF
Building Size
3,204 SF
Asset Type
Condo
Closing
Oct 28, 2022
About this deal
AI
The property involved in this transaction is a condominium located at 15701 Collins Ave Apt 1105 in Sunny Isles Beach. It was sold by Carlos Salhuana Paredes for a price of $7,900,000. The condominium has a total area of 3,204 square feet, resulting in a price per square foot of $2,466.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,900,000
- Address: 15701 Collins Ave Apt 1105
- Market: Sunny Isles Beach
The sale of this property was facilitated by two brokers, Alyssa Morgan from INSIDE Network and Luis Gautier from Fortune International Realty.
On the Map
$7,900,000
$2,465/SF
Condo
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Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $7.9M for 3,204 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93