Sharon Beck & Daniel Tzinker Facilitate $8,525,000 Sale Of Sunny Isles Beach Penthouse
17011 Collins Avenue
$8,525,000
$1,038/SF
Building Size
8,210 SF
Asset Type
Condo
Closing
Apr 1, 2024
AI
The Jade Beach Penthouse located at 17011 Collins Avenue in Sunny Isles Beach was sold in a closed transaction. The property, a condo, was sold by EDEN PH LLC / The Haimov Group. The transaction was facilitated by brokers Sharon Beck and Daniel Tzinker from The Agency. The property was listed with an asking price of $9,980,000 and was sold for $8,525,000. The penthouse spans 8,210 square feet with a price per square foot of $1,035.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,525,000
- Address: 17011 Collins Avenue - Jade Beach Penthouse
- Market: Sunny Isles Beach
Sharon Beck and Daniel Tzinker set a record with this sale for the highest priced unfinished penthouse in Sunny Isles Beach. The penthouse boasts the largest terrace in all of Sunny Isles Beach. Additionally, Sharon and Daniel specialize in off-market luxury properties and can be contacted for undisclosed waterfront opportunities.
Players
Sunny Isles Beach 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
1.86%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93