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17901 Collins Avenue

Daniel Shiff Sells Condo At 17901 Collins Avenue For $17.875M With Ryan Mendell And Yansy Checa
SOLDCondo

Daniel Shiff Sells Condo At 17901 Collins Avenue For $17.875M With Ryan Mendell And Yansy Checa

17901 Collins Avenue

$17,875,000

$2,196/SF

Building Size

8,139 SF

Asset Type

Condo

Closing

May 29, 2025

AI

The property asset involved in the transaction is a condo located at 17901 Collins Avenue Unit 4205 in Sunny Isles Beach. The sale price was $17,875,000, and the condo spans 8,139 square feet, which translates to a price per square foot of $2,196.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $17,875,000
  • Address: 17901 Collins Avenue Unit 4205
  • Market: Sunny Isles Beach
  • Square Footage: 8,139
  • Price Per Square Foot: $2,196
  • Seller: Daniel Shiff
  • Buyer’s Representative: Yansy Checa - Douglas Elliman
  • Seller’s Representative: Ryan Mendell - Maxwelle Real Estate

In this transaction, Yansy Checa represented the buyer, while Ryan Mendell represented the seller, facilitating the deal between Daniel Shiff and the buyer. The transaction was completed on May 30, 2025.

Players

Ryan Mendell

Maxwelle Real Estate

Broker

$305.3M

vol

15 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Daniel Shiff

Daniel Shiff

None

Seller

$77.9M

vol

2 deals

Seller

Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.89%

Cash-on-Cash

-0.25%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93