One Sotheby's International RE Sells Sunny Isles Beach Condo For $8.1M With Anna Sherrill & Nicolas Pollini
SOLD
$8,500,000
Florida
See Similar DealsCondo8,332 SF
Sold 01/31/2023
SOLD
One Sotheby's International RE Sells Sunny Isles Beach Condo For $8.1M With Anna Sherrill & Nicolas Pollini
17121 Collins Avenue
See Similar DealsCondo8,332 SF
Sold 01/31/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,020
Total Square Footage:8,332 SF
Transaction Type:Sale
A luxury condo located at 17121 Collins Avenue PH 4803 in Sunny Isles Beach has been sold in a recent transaction. The property spans over 8,332 square feet and features exquisite characteristics. The sale price for this condo was $8,100,000, with each square foot valued at $972. The address of the property is highly sought-after, contributing to its market value in the Sunny Isles Beach area.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $8,100,000
- Address: 17121 Collins Avenue PH 4803
- Market: Sunny Isles Beach
The seller's representative for this transaction was Anna Sherrill from One Sotheby's International RE, while the buyer's representative was Nicolas Pollini. The involvement of these experienced professionals ensures a smooth and successful deal for both parties involved.
For a closer look at this stunning property, check out the video posted by @sottamogirdor on social media.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$453,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$30,198.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$40,294.34
Annual Debt Service$483,532.04
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