Golden Keys Realty Acquires Condo In Sunny Isles Beach For $1.79M
SOLD
$1,790,000
Florida
See Similar DealsCondo1,600 SF
Sold 02/07/2022
SOLD
Golden Keys Realty Acquires Condo In Sunny Isles Beach For $1.79M
17475 Collins Avenue
See Similar DealsCondo1,600 SF
Sold 02/07/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,118
Total Square Footage:1,600 SF
Transaction Type:Sale
A condominium located at 17475 Collins Ave 803 in Sunny Isles Beach was recently sold for $1,790,000. The property spans 1,600 square feet and has a price per square foot of $1,119. The sale took place on 02/07/2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,790,000
- Address: 17475 Collins Ave 803
- Market: Sunny Isles Beach
- Asset Type: Condo
Victoria Romanenko and Nadia Guro from Golden Keys Realty served as the brokers for this transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$95,466.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,359.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,485.51
Annual Debt Service$101,826.16
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