Golden Keys Realty Acquires Condo At 17475 Collins Ave 803 In Sunny Isles Beach For $1.79M
SOLD
Florida
See Similar DealsCondo1,600 SF
Sold 02/07/2020
SOLD
Golden Keys Realty Acquires Condo At 17475 Collins Ave 803 In Sunny Isles Beach For $1.79M
17475 Collins Avenue, Sunny Isles Beach, Florida 33160
See Similar DealsCondo1,600 SF
Sold 02/07/2020
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,118
Total Square Footage:1,600 SF
Transaction Type:Sale
A condominium unit located at 17475 Collins Ave 803 in Sunny Isles Beach has been sold for $1,790,000. The property, with a size of approximately 1,600 square feet, was sold at a price per square foot of $1,119.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,790,000
The sale of this condominium unit was facilitated by Victoria Romanenko and Nadia Guro, representing Golden Keys Realty.
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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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