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17885 Collins Avenue

Updated Sep 9, 2024

Acqualina Realty Sells Unit 4207 At The Estates At Acqualina In Sunny Isles Beach For $13.05M
SOLDCondo

Acqualina Realty Sells Unit 4207 At The Estates At Acqualina In Sunny Isles Beach For $13.05M

17885 Collins Avenue

$13,050,000

$2,341/SF

Building Size

5,573 SF

Asset Type

Condo

Closing

Mar 17, 2023

About this deal

AI

Located at 17885 Collins Ave Unit 4207 in Sunny Isles Beach, this recently closed condo transaction is worth highlighting. The property, known as The Estates at Acqualina, was resold and re-listed by Adriana Vargas Hernandez of Acqualina Realty. The sale price for this stunning unit was $13,050,000. Spanning across 5,573 square feet, the unit was priced at $2,342 per square foot, reflecting the luxury and exclusivity of the property.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $13,050,000
  • Address: 17885 Collins Ave Unit 4207, Sunny Isles Beach
  • Market: Sunny Isles Beach

It's worth noting that Adriana Vargas Hernandez served as the seller's representative in this deal. Throughout the transaction process, Adriana provided exceptional service and expertise to ensure a successful sale. For more information on Adriana Vargas Hernandez's exclusive off-market listings at The Estates at Acqualina, interested parties can reach out via phone at 305.389.5428 or email at [email protected].

Players

Adriana Vargas Hernandez

Acqualina Realty

Broker

$200.3M

vol

28 deals

Broker

Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $2.3K per square foot on a published $13.1M for 5,573 square feet (2023).

Visit Adriana Vargas Hernandez to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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