Sunny Isles Beach Condo Sold For $5.5M By Seller Isaac Toledano And Rep Sheerel Toledano - Ksr Properties
SOLD
$5,500,000
Florida
See Similar DealsCondo3,174 SF
Sold 06/30/2023
SOLD
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
See Similar DealsCondo3,174 SF
Sold 06/30/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,732
Total Square Footage:3,174 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$293,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,540.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,072.81
Annual Debt Service$312,873.67
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