Sunshine Luxury Realty Acquires Condo In Sunny Isles Beach For $1.445M
SOLD
$1,445,000
Florida
See Similar DealsCondo1,465 SF
Sold 03/21/2022
SOLD
Sunshine Luxury Realty Acquires Condo In Sunny Isles Beach For $1.445M
17475 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
See Similar DealsCondo1,465 SF
Sold 03/21/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$986
Total Square Footage:1,465 SF
Transaction Type:Sale
A condo located at 17475 Collins Ave 604 in Sunny Isles Beach has recently been sold for $1,445,000. The property spans 1,465 square feet, resulting in a price per square foot of $986. The transaction took place on 03/21/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,445,000
- Address: 17475 Collins Ave 604
- Market: Sunny Isles Beach
The sale was facilitated by the following brokers:
- Roksana Lushnikov - Sunshine Luxury Realty
- Victoria Romanenko & Nadia Guro - Golden Keys Realty
These brokers played a crucial role in the transaction, representing the buyers and sellers involved in the deal.
Players
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$77,066.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,133.79
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,850.04
Annual Debt Service$82,200.45
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