Flavio Vieira Acquires Condo In Sunny Isles Beach For $3.8M
16901 Collins Ave Sunny Isles Beach, FL 33160, USA
$3,800,000
$1,296/SF
Building Size
2,931 SF
Asset Type
Condo
Closing
Nov 21, 2022
About this deal
AI
A condominium unit located at 16901 Collins Avenue in Sunny Isles Beach has been sold for $3,800,000. The unit spans a total area of 2,931 square feet, resulting in a price per square foot of $1,296. The sale was facilitated by Anastasia Cucu from Douglas Elliman, who represented the seller Klavdia Shlychkova. Flavio Vieira was the buyer in this transaction.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $3,800,000
- Address: 16901 Collins Avenue, Sunny Isles Beach
- Market: Sunny Isles Beach
José Santovena from Luxe Living Miami served as the buyer's representative, assisting Flavio Vieira throughout the sale. Meanwhile, Anastasia Cucu from Douglas Elliman represented Klavdia Shlychkova as the seller's representative.
Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $3.8M for 2,931 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93