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17901 Collins Avenue

Jules Trump Sells Condo In Sunny Isles Beach For $6.3M With Bento Queiroz & Adriana Vargas Hernandez As Brokers
SOLDCondo

Jules Trump Sells Condo In Sunny Isles Beach For $6.3M With Bento Queiroz & Adriana Vargas Hernandez As Brokers

17901 Collins Avenue

$6,345,000

$1,930/SF

Building Size

3,287 SF

Asset Type

Condo

Closing

May 19, 2023

AI

The Estates at Acqualina has recently closed the sale of unit 1402N, located at 17901 Collins Avenue in Sunny Isles Beach. This luxurious condo property spans 4,385 square feet and was sold for a total price of $6,345,000, resulting in an average price per square foot of $1,447.

Summary of transation details:

The seller, Jules Trump, enlisted the services of Bento Queiroz from Compass and Adriana Vargas Hernandez from Acqualina Realty to facilitate the successful transaction of this property. Adriana Vargas Hernandez, representing the seller, played a pivotal role in the sale.

Players

Bento Queiroz

Compass

Broker

$75.9M

vol

8 deals

Broker
Jules Trump

Jules Trump

Seller

$192.8M

vol

23 deals

Seller

Miami 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

2.50%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93