Adriana Vargas Hernandez Of Acqualina Realty Represents Seller In $5.2M Sale Of Sunny Isles Beach Condo
17875 Collins Avenue
$5,200,000
$1,925/SF
Building Size
2,700 SF
Asset Type
Condo
Closing
May 4, 2025
About this deal
AI
This transaction involves a condominium located at 17875 Collins Avenue Unit 3001 in Sunny Isles Beach. The asset type is a condo and it was sold for a total price of $5,200,000. The property encompasses 2,700 square feet, which equates to a price per square foot of $1,925.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $5,200,000
- Address: 17875 Collins Avenue Unit 3001
- Market: Sunny Isles Beach
- Square Footage: 2,700
- Price Per Square Foot: $1,925
- Seller's Rep: Adriana Vargas Hernandez - Acqualina Realty
Adriana Vargas Hernandez of Acqualina Realty represented the seller in this transaction. The sale was officially closed on 05/05/2025, and it was noted that the representation involved Residence 3001 at Acqualina Ocean Residences. Adriana Vargas also mentioned a collection of exclusive off-market listings available for sale and rent at The Estates at Acqualina.
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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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93