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Adriana Vargas Hernandez Of Acqualina Realty Represents Seller In Sale Of Sunny Isles Beach Condo For $4.925M

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SOLD
$4,925,000

Florida

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Condo2,700 SF
Sold 04/24/2025
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Property Image
SOLD

Adriana Vargas Hernandez Of Acqualina Realty Represents Seller In Sale Of Sunny Isles Beach Condo For $4.925M

17875 Collins Avenue

See Similar Deals
Condo2,700 SF
Sold 04/24/2025
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,824
Total Square Footage:2,700 SF
Transaction Type:Sale

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.

Players

Adriana Vargas Hernandez
29 deals$206.5M volume
BROKER

Acqualina Realty
BROKERAGE

Details

SOLD
IMAGE: Adriana Vargas Hernandez DATE: 04/24/2025 ADDRESS: 17875 Collins Avenue Unit 4101 MARKET: Sunny Isles Beach ASSET TYPE: Condo SELLER'S REP: Adriana Vargas Hernandez (@AdrianaVargash) - Acqualina Realty (@AcqualinaRealty) ASKING PRICE: $5,300,000 SALE PRICE: $4,925,000 SF: 2,700 ~ PPSF: $1,824 NOTE FROM SELLER'S REP: Just Closed Residence 4101 Acqualina Ocean Residences. I'm pleased to announce a Collection of Exclusive off market listings for sale and to rent at The Estates at Acqualina. For more detailed information of these remarkable off-market residences, contact me for a private preview at [email protected] or 305.389.5428. We have a Sales Office On Site - 24/7.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$17,497.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,347.01
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