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17475 Collins Ave

Lorena Costa Sells Condo In Sunny Isles Beach For $4.8M With Christian Rodriguez As Seller's Rep
SOLDCondo

Lorena Costa Sells Condo In Sunny Isles Beach For $4.8M With Christian Rodriguez As Seller's Rep

17475 Collins Ave

$4,800,000

$1,437/SF

Building Size

3,340 SF

Asset Type

Condo

Closing

Aug 1, 2022

AI

The property involved in this closed transaction is located at 17475 Collins Ave in Sunny Isles Beach. It is a condo unit with a total square footage of 3340. The property was sold for $4,800,000, resulting in a price per square foot of $1,437. The seller in this transaction was Lorena Costa, and the seller's representative was Christian Rodriguez.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,800,000
  • Square Footage: 3340
  • Price per Square Foot: $1,437
  • Address: 17475 Collins Ave, Sunny Isles Beach
  • Market: Sunny Isles Beach

Christian Rodriguez of [INSERT AGENCY NAME] represented Lorena Costa in this deal. Rodriguez praised the property, describing it as a one-of-a-kind smart residence with unparalleled views of the Atlantic Ocean. It was a pleasure for Rodriguez to work on this particular property, which he considers one of his favorites.

Players

Christian Rodriguez

Broker

$25.5M

vol

5 deals

Broker

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

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93