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17475 Collins Avenue

David Benichou Of Liv Real Estate Group Represents Seller In Sunny Isles Beach Condo Sale For $6.8M
SOLDCondo

David Benichou Of Liv Real Estate Group Represents Seller In Sunny Isles Beach Condo Sale For $6.8M

17475 Collins Avenue

$6,800,000

$1,656/SF

Building Size

4,105 SF

Asset Type

Condo

Closing

Jun 18, 2025

AI

The property involved in this transaction is a condo located at 17475 Collins Avenue, APT 2701, in the Sunny Isles Beach market. The sale price was $6,800,000, and the condo spans 4,105 square feet, resulting in a price per square foot of $1,656.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $6,800,000
  • Address: 17475 Collins Avenue, APT 2701
  • Market: Sunny Isles Beach
  • Square Footage: 4,105
  • Price per Square Foot: $1,656
  • Buyer's Representative: Pamela Diaz-De-Leon - The Corcoran Group Miami
  • Seller's Representative: David Benichou - Liv Real Estate Group

This transaction was represented by David Benichou of Liv Real Estate Group on behalf of the sellers, while the buyer was represented by Pamela Diaz-De-Leon of The Corcoran Group. The sale achieved a record price per square foot in the luxury boutique oceanfront building known as Chateau Beach Residences.

Players

David Benichou

LIV Group Real Estate

Broker

$11.4M

vol

3 deals

Broker
The Corcoran Group
The Corcoran GroupBrokerage

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

2.33%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93