Trump Group Sells Condo At 17901 Collins Avenue In Sunny Isles Beach For $20M
17901 Collins Avenue
$20,000,000
$2,325/SF
Building Size
8,600 SF
Asset Type
Condo
Closing
Sep 17, 2024
AI
The property involved in this transaction is a condo located at 17901 Collins Avenue in Sunny Isles Beach. The sale price for the condo was $20,000,000, with a total square footage of 8,600, which translates to a price per square foot of $2,325.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $20,000,000
- Address: 17901 Collins Avenue
- Market: Sunny Isles Beach
- Seller: Trump Group
- Broker: Karina Serber Batievsky - Acqualina Realty
Karina Serber Batievsky represented the seller in this transaction. The deal reflects a notable engagement within the luxury real estate market in Sunny Isles Beach.
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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93