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
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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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