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
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.
Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
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