Compass Agents Facilitate $7.3M Condo Sale In Sunny Isles Beach
15701 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
$7,300,000
$2,433,333/SF
Building Size
3 SF
Asset Type
Condo
Closing
Dec 27, 2022
About this deal
AI
A condominium unit located at 15701 Collins Avenue Unit 3805 in Sunny Isles Beach has been sold for $7,300,000. The property has a total area of 3,204 square feet, resulting in a price per square foot of $2,278.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $7,300,000
- Address: 15701 Collins Avenue Unit 3805
- Market: Sunny Isles Beach
The buyer was represented by Brian Judge from Compass, while Chad Carroll from Compass acted as the seller's representative in the deal.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.17%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93