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16901 Collins Ave Sunny Isl...

Flavio Vieira Acquires Condo In Sunny Isles Beach For $3.8M
SOLDCondo

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

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

Jose Manuel Santovena

Luxe Living Realty

Broker

$12.9M

vol

3 deals

Broker

Sunny Isles Beach 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93