David Schneider Sells Condo In Miami For $5.25M With Buyer's Rep Patty Marun - Suma Luxury Realty
SOLD
$5,253,000
+ 1
Florida
See Similar DealsCondo3,080 SF
Sold 04/07/2022
SOLD
David Schneider Sells Condo In Miami For $5.25M With Buyer's Rep Patty Marun - Suma Luxury Realty
15701 Collins Avenue, North Miami Beach, Florida 33160, United States
See Similar DealsCondo3,080 SF
Sold 04/07/2022
+ 1
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,705
Total Square Footage:3,080 SF
Transaction Type:Sale
A condo located at 15701 Collins Avenue Unit 4601 in Miami has been sold for $5,253,000. The property spans over 3,080 square feet and has a price per square foot of $1,706. The sale was facilitated by the buyer's representative, Patty Marun from Suma Luxury Realty, and the seller's representatives, Daniel Tzinker and Santiago Arana from The Agency.
Summary of transaction details
- Property Type: Condo
- Sale Price: $5,253,000
- Square Footage: 3,080
- Price per Square Foot: $1,706
- Address: 15701 Collins Avenue Unit 4601, Miami
The buyer's representative, Patty Marun, from Suma Luxury Realty, played a crucial role in representing the buyer, while the seller was assisted by Daniel Tzinker and Santiago Arana from The Agency. Together, they facilitated the successful sale of this condominium property in Miami.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$280,159.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,662.81
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,901.90
Annual Debt Service$298,822.80
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