Adriana Vargas Hernandez Of Acqualina Realty Represents Seller In $3.8M Condo Sale In Sunny Isles Beach
17875 Collins Avenue Unit 4106
$3,800,000
$1,407/SF
Building Size
2,700 SF
Asset Type
Condo
Closing
Mar 10, 2025
About this deal
AI
The asset involved in this transaction is a condo located at 17875 Collins Avenue Unit 4106 in Sunny Isles Beach. The property was sold for a price of $3,800,000 and encompasses a spacious area of 2,700 square feet, translating to a price per square foot of $1,407.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,800,000
- Square Footage: 2,700
- Price Per Square Foot: $1,407
- Address: 17875 Collins Avenue Unit 4106
- Market: Sunny Isles Beach
- Seller's Representative: Adriana Vargas Hernandez - Acqualina Realty
The deal was represented by Adriana Vargas Hernandez of Acqualina Realty, who noted that the residence was recently closed. She also announced a collection of exclusive off-market listings available for sale and rent at The Estates at Acqualina, inviting interested parties for a private preview.
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Sunny Isles Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93