Acqualina Realty And Wolsen Real Estate Acquire Sunny Isles Beach Condo For $6.4M
SOLD
$6,400,000
Florida
See Similar DealsCondo3,287 SF
Sold 09/26/2022
SOLD
Acqualina Realty And Wolsen Real Estate Acquire Sunny Isles Beach Condo For $6.4M
17901 Collins Avenue
See Similar DealsCondo3,287 SF
Sold 09/26/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,947
Total Square Footage:3,287 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$341,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,737.86
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,339.27
Annual Debt Service$364,071.18
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