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17001 Collins Avenue

Ada Sasson Sells Condo In Sunny Isles Beach For $6.65M, Represented By Assaf Sasson - Cervera Real Estate
SOLDCondo

Ada Sasson Sells Condo In Sunny Isles Beach For $6.65M, Represented By Assaf Sasson - Cervera Real Estate

17001 Collins Avenue

$6,650,000

$1,481/SF

Building Size

4,490 SF

Asset Type

Condo

Closing

Feb 7, 2023

AI

A condo located at 17001 Collins Avenue in Sunny Isles Beach has been sold for a price of $6,650,000. The property spans 8,210 square feet and was sold at a price per square foot of $810. The transaction took place on 02/07/2023.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $6,650,000
  • Address: 17001 Collins Avenue, Sunny Isles Beach
  • Market: Sunny Isles Beach

The buyer's representative in this transaction was Assaf Sasson. On the seller's side, Ada Sasson from Cervera Real Estate represented the property. Andrew Mann Esq served as the attorney for the deal.

For any inquiries regarding this property, interested parties can contact Ada Sasson at (786) 586-4746 or via email at [email protected]. Ada Sasson and her team are fluent in English, Spanish, and Hebrew.

NOTE FROM AdaSasson: Contact Ada Sasson @AdaSasson.

Players

Ada Sasson

Cervera Real Estate

Broker

$49.3M

vol

7 deals

Broker

Igal Haimov

Buyer

$25.7M

vol

3 deals

Buyer

Market Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.39%

Cash-on-Cash

-0.68%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93