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Bassim Haidar Purchases Condo At 17475 Collins Avenue From David And Lorena Rodriguez For $14.85M
SOLD
$14,850,000
Florida
See Similar DealsCondo8,117 SF
Sold 08/14/2025
SOLD
Bassim Haidar Purchases Condo At 17475 Collins Avenue From David And Lorena Rodriguez For $14.85M
17475 Collins Avenue
See Similar DealsCondo8,117 SF
Sold 08/14/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,829
Total Square Footage:8,117 SF
Transaction Type:Sale
A condo located at 17475 Collins Avenue in Sunny Isles Beach has a sale price of $14,850,000. The condo spans a total area of 8,117 square feet, resulting in a price per square foot of $1,829. The transaction was finalized on August 14, 2025.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $14,850,000
- Buyer: Bassim Haidar
- Seller: David R. Rodriguez & Lorena Rodriguez - Amicus Medical Group
- Total Square Footage: 8,117
- Price per Square Foot: $1,829
- Date of Transaction: August 14, 2025
Bassim Haidar acquired the condo from sellers David R. Rodriguez and Lorena Rodriguez, who are associated with Amicus Medical Group, marking a significant transaction in the Sunny Isles Beach real estate market.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$792,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$52,758.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$70,396.58
Annual Debt Service$844,758.91
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