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17011 Collins Avenue

Sharon Beck & Daniel Tzinker Facilitate $8,525,000 Sale Of Sunny Isles Beach Penthouse
SOLDCondo

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

Sharon Beck

The Agency

Broker

$84M

vol

11 deals

Broker

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