Patrick Graf Acquires Condo On 17141 Collins Ave For $12.5M
SOLD
$12,500,000
Florida
See Similar DealsCondo5 SF
Sold 01/09/2023
SOLD
Patrick Graf Acquires Condo On 17141 Collins Ave For $12.5M
17141 Collins Ave, North Miami Beach, Florida 33160, United States
See Similar DealsCondo5 SF
Sold 01/09/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,500,000
Total Square Footage:5 SF
Transaction Type:Sale
A condo located at 17141 Collins Ave in North Miami Beach, FL has been sold in a recent transaction for $12,500,000. The property has a total square footage of 5,686 and a price per square foot of $2,198.38. The buyer of the condo is Patrick Graf.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $12,500,000
- Address: 17141 Collins Ave, North Miami Beach, FL
- Total Square Footage: 5,686
- Price per Square Foot: $2,198.38
- Buyer: Patrick Graf
In this deal, Patrick Graf represented himself as the buyer's representative.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$666,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$44,409.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,256.38
Annual Debt Service$711,076.53
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