facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

17141 Collins Ave #3101 Sun...

Sunny Isles Beach Condo Sold For $5.5M By Seller Isaac Toledano And Rep Sheerel Toledano - Ksr Properties
SOLDCondo

Sunny Isles Beach Condo Sold For $5.5M By Seller Isaac Toledano And Rep Sheerel Toledano - Ksr Properties

17141 Collins Ave #3101 Sunny Isles Beach, FL 33160, USA

$5,500,000

$1,732/SF

Building Size

3,174 SF

Asset Type

Condo

Closing

Jun 30, 2023

AI

The property involved in this transaction is a condominium located at 17141 Collins Avenue in Sunny Isles Beach. The condo has a total area of 3,174 square feet. The asking price for this property was $6,300,000, and it was sold for $5,500,000, resulting in a price per square foot of $1,733.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $5,500,000
  • Address: 17141 Collins Avenue, Sunny Isles Beach
  • Square Footage: 3,174

Isaac Toledano was the seller of this property. The buyer's representative in this deal was Baris Keser from Ksr Properties. Sheerel Toledano, from Douglas Elliman, represented the seller in this transaction.

Players

Sheerelle Toledano

Douglas Elliman

Broker

$98.7M

vol

6 deals

Broker
Isaac Toledano

Isaac Toledano

BH Group

Seller

$1.2B

vol

24 deals

Seller

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93