Thomas Miller Acquires Condo In Sunny Isles Beach For $1.8M
17555 Collins Avenue
$1,800,000
$978/SF
Building Size
1,840 SF
Asset Type
Condo
Closing
Aug 1, 2022
About this deal
AI
Located at 17555 Collins Ave in Sunny Isles Beach, this condominium property was recently sold in a closed transaction. The property spans 1,840 square feet and was sold for a price of $1,800,000, resulting in a price per square foot of $978.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $1,800,000
- Address: 17555 Collins Ave, Sunny Isles Beach
- Square Footage: 1,840
Thomas Miller was the buyer in this transaction, while Valeria Koyfman represented the seller. Joseph Menachem, from United Realty Group, Inc., acted as the seller's representative. These key individuals played essential roles in the deal, ensuring its successful completion.
Fort Collins Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $978 per square foot on a published $1.8M for 1,840 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.81%
Cash-on-Cash
-2.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93