Patrick Graf Acquires Condo On 17141 Collins Ave For $12.5M
17141 Collins Ave, North Miami Beach, Florida 33160, United States
$12,500,000
$2,500,000/SF
Building Size
5 SF
Asset Type
Condo
Closing
Jan 8, 2023
AI
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.
Players
Sunny Isles Beach 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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93