Acqualina Realty And Wolsen Real Estate Acquire Sunny Isles Beach Condo For $6.4M
17901 Collins Avenue
$6,400,000
$1,947/SF
Building Size
3,287 SF
Asset Type
Condo
Closing
Sep 26, 2022
About this deal
AI
A condo unit located at 17901 Collins Ave Unit 902 in Sunny Isles Beach has been sold for a price of $6,400,000. The property has a total area of 3,287 square feet, resulting in a price per square foot of $1,947.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,400,000
- Square Footage: 3,287
- Price Per Square Foot: $1,947
- Address: 17901 Collins Ave Unit 902, Sunny Isles Beach
- Market: Sunny Isles Beach
The sale was facilitated by two brokers, Adriana Vargas Hernandez from Acqualina Realty and Alexandra Fedorova from Wolsen Real Estate Inc.
Players
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
2.48%
Cash-on-Cash
-0.71%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93