G Realty Group Acquires Condo In Sunny Isles Beach For $5.56M
SOLD
Florida
See Similar DealsCondo2,804 SF
Sold 10/28/2022
SOLD
G Realty Group Acquires Condo In Sunny Isles Beach For $5.56M
15701 Collins Ave #4901
See Similar DealsCondo2,804 SF
Sold 10/28/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,982
Total Square Footage:2,804 SF
Transaction Type:Sale
A condominium located at 15701 Collins Ave in Sunny Isles Beach, Miami has been sold for $5,560,000. The property spans across 2,804 square feet and has a price per square foot of $1,983.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,560,000
- Square Footage: 2,804
- Price per Square Foot: $1,983
- Address: 15701 Collins Ave, Sunny Isles Beach, Miami
Sarah Gozlan of G Realty Group, LLC represented the buyer in this transaction, while Daniel Tzinker and Mikhail Mudrik of The Agency Florida, LLC acted as the seller's representatives.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insightsādelivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$296,533.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,753.52
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,357.24
Annual Debt Service$316,286.84
Is there something missing? Send suggestions
