Jacques Serruya Acquires Condo In Sunny Isles Beach For $3.5M
17141 Collins Ave #4702 Sunny Isles Beach, FL 33160, USA
$3,500,000
$1,714/SF
Building Size
2,042 SF
Asset Type
Condo
Closing
Jun 8, 2023
AI
A condominium unit located at 17141 Collins Ave in Sunny Isles Beach has been sold for $3,500,000. The property spans across 2,042 square feet and has a price per square foot of $1,714. The transaction took place on June 8, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,500,000
- Address: 17141 Collins Ave, Sunny Isles Beach
- Total Square Footage: 2,042
- Price Per Square Foot: $1,714
Jacques Serruya has acquired the property. Representing the buyer is Sarah Gozlan from GRealty Group. Victoria Romanenko from Golden Keys Realty Miami acted as the seller's representative.
Players
Miami 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93