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G Realty Group Acquires Condo In Sunny Isles Beach For $5.56M

Property Image
SOLD
$5,560,000

Florida

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Condo2,804 SF
Sold 10/28/2022
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Property Image
SOLD

G Realty Group Acquires Condo In Sunny Isles Beach For $5.56M

15701 Collins Ave #4901

See Similar Deals
Condo2,804 SF
Sold 10/28/2022
Contact now

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

Daniel Tzinker
23 deals$151.6M volume(786) 234-9898
BROKER

Mikhail Mudrik
The Agency
21 deals$90.5M volume
BROKER

Sarah Gozlan
12 deals$65.8M volume
BROKER

Details

SOLD
IMAGE: Sarah Gozlan, Daniel Tzinker & Mikhail Mudrik DATE: 10/28/2022 ADDRESS: 15701 Collins AveĀ  MARKET: Miami, Sunny Isles Beach ASSET TYPE: Condo BUYER'S REP: Sarah Gozlan (@SarahGozlan) - G Realty Group, LLC (@GRealty_Group) SELLER'S REP: Daniel Tzinker (@DanielTzinker) & Mikhail Mudrik (@Mr.Mudrik) - The Agency Florida, LLC (@TheAgencySouthFlorida) SALE PRICE: $5,560,000 SF: 2,804 ~ PPSF: $1,983

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Deal Type
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