John Diamond Acquires 4,385 SF Condo In Sunny Isles Beach From Jules Trump For $7.08M
17885 Collins Ave, Sunny Isles Beach, FL 33160, United States
$7,080,000
$1,614/SF
Building Size
4,385 SF
Asset Type
Condo
Closing
May 12, 2023
About this deal
AI
The Estates At Acqualina, a condo located at 17885 Collins Ave in Sunny Isles Beach, has been sold in a recent transaction. The property, spanning 4,385 square feet, was sold for a price of $7,080,000, resulting in a price per square foot of $1,615.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,080,000
- Address: 17885 Collins Ave, Sunny Isles Beach
- Market: Sunny Isles Beach
The buyer of the property is John Diamond, while the seller is Jules Trump from The Trump Group. Representing the buyer in this transaction is Sandra Pariente from Charles Rutenberg Realty.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.6K per square foot on a published $7.1M for 4,385 square feet (2023).
Visit Sandra Pariente to view all their deals.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.24%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93