First Service Realty Acquires Condo In Sunny Isles Beach For $2.7M
17121 Collins Avenue
$2,700,000
$324/SF
Building Size
8,332 SF
Asset Type
Condo
Closing
Apr 11, 2023
About this deal
AI
The property involved in this transaction is a condo located at 17121 Collins Avenue in Sunny Isles Beach. The sale took place on 04/11/2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,700,000
The buyer's representative in this deal was Victoria Chanteiro & Sergio Chanteiro from First Service Realty. The condo has a total area of 1,933 square feet, with a price per square foot of $1,397.
The condo sale at 17121 Collins Avenue in Florida sold for $2.7M in 2023. The building is 8,332 square feet, implying about 324 per square foot on the published price. This page is the Florida file for the 17121 Collins Avenue condo sold: pricing, party profiles, and other closed condo comps from the same Florida sit in the Market section below. Filter that local condo set by closing date to see what else sold near 17121 Collins Avenue around 2023. Published consideration for 17121 Collins Avenue is $2.7M, dated 2023. Cite this First Service Realty Acquires Condo In Sunny Isles Beach For $2.7M sale when underwriting similar condo product around Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93