Jacques Serruya Acquires Condo In Sunny Isles Beach For $3.5M
SOLD
Florida
See Similar DealsCondo2,042 SF
Sold 06/08/2023
SOLD
Jacques Serruya Acquires Condo In Sunny Isles Beach For $3.5M
17141 Collins Ave #4702 Sunny Isles Beach, FL 33160, USA
See Similar DealsCondo2,042 SF
Sold 06/08/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,714
Total Square Footage:2,042 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
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