Jules Trump Sells Condo At 17901 Collins Avenue In Sunny Isles Beach For $30 Million
17901 Collins Avenue
$30,000,000
$3,333/SF
Building Size
9,000 SF
Asset Type
Condo
Closing
Jun 27, 2024
AI
The property involved in this transaction is a condo located at 17901 Collins Avenue, situated in the Sunny Isles Beach market. The sale price for the property was $30,000,000, with a total square footage of 9,000, equating to a price per square foot of $3,333.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $30,000,000
- Square Footage: 9,000
- Price per Square Foot: $3,333
- Address: 17901 Collins Avenue
- Market: Sunny Isles Beach
- Seller: Jules Trump
- Buyer's Representative: Lawrence Stracuzzi - Beachfront Realty
- Seller's Representative: Yansy Checa - Douglas Elliman
Key individuals involved in this transaction include seller Jules Trump who has transferred ownership of the property. The buyer's representative is Lawrence Stracuzzi from Beachfront Realty, while the seller's representative is Yansy Checa from Douglas Elliman. For further inquiries regarding Rivage and off-market opportunities in Estates at Acqualina, Mansions at Acqualina, and Acqualina Resort and Spa, interested parties are encouraged to contact Yansy Checa at 305-924-0311.
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
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93