Cases Realty Group Acquires Jade Beach Condo In Sunny Isles Beach For $3.47M
17001 Collins Avenue
$3,475,000
$773/SF
Building Size
4,490 SF
Asset Type
Condo
Closing
Nov 22, 2023
About this deal
AI
The property involved in the transaction is a condo located at 17001 Collins Avenue in Jade Beach, Sunny Isles Beach. The sale took place on 11/22/2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,475,000
- Square Footage: 2,394
- Price per Square Foot: $1,452
- Market: Sunny Isles Beach
Michael Cases, Mary Cases, and Clara Yael Bentolila from Cases Realty Group, Inc were the buyers' representatives in this transaction.
Note: The Cases Team at Cases Realty Group, Inc has been building their reputation for over 30 years, specializing in luxury residential properties, new construction, commercial real estate, and asset management. They can assist with all your real estate needs.
Contact information for the Cases Realty Group representatives:
- Mary Cases - [email protected] - 305.343.9689
- Clara Yael Bentolila - [email protected] - 786.395.6019
- Michael P Cases, PA - [email protected] - 305.815.0015
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.56%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93