Lorena Costa Sells Condo In Sunny Isles Beach For $4.8M With Christian Rodriguez As Seller's Rep
SOLD
$4,800,000
Florida
See Similar DealsCondo3,340 SF
Sold 08/01/2022
SOLD
Lorena Costa Sells Condo In Sunny Isles Beach For $4.8M With Christian Rodriguez As Seller's Rep
17475 Collins Ave
See Similar DealsCondo3,340 SF
Sold 08/01/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,437
Total Square Footage:3,340 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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