Adriana Vargas Hernandez Of Acqualina Realty Represents Seller In Sale Of Sunny Isles Beach Condo For $4.925M
17875 Collins Avenue
$4,925,000
$1,824/SF
Building Size
2,700 SF
Asset Type
Condo
Closing
Apr 23, 2025
About this deal
AI
This transaction involves a condo located at 17875 Collins Avenue Unit 4101 in Sunny Isles Beach. The asset was listed with an asking price of $5,300,000 and ultimately sold for $4,925,000. The property encompasses a total square footage of 2,700, which translates to a price per square foot of $1,824.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,925,000
- Asking Price: $5,300,000
- Square Footage: 2,700
- Price per Square Foot: $1,824
- Market: Sunny Isles Beach
- Seller's Representative: Adriana Vargas Hernandez - Acqualina Realty
- Date of Transaction: 04/24/2025
Adriana Vargas Hernandez represented the seller in this transaction, facilitating the sale of Residence 4101 at Acqualina Ocean Residences. The sales office operates on-site 24/7, and Hernandez also mentioned a collection of exclusive off-market listings at The Estates at Acqualina available for sale and rent.
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Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.22%
Cash-on-Cash
-0.92%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93