G Realty Group Acquires Condo In Sunny Isles Beach For $5.56M
15701 Collins Ave #4901
$5,560,000
$1,982/SF
Building Size
2,804 SF
Asset Type
Condo
Closing
Oct 28, 2022
AI
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
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.85%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93