Marc Lewin Of TCII Capital Group Acquires Condo On Collins Avenue In Sunny Isles Beach For $6.9M
17901 Collins Avenue
$6,900,000
$2,099/SF
Building Size
3,287 SF
Asset Type
Condo
Closing
Feb 15, 2023
AI
An oceanfront condo located at 17901 Collins Avenue in Sunny Isles Beach has been sold in a recent transaction. The property, measuring 3,287 square feet, was sold for a total price of $6,900,000, which equates to a price per square foot of $2,099.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $6,900,000
- Address: 17901 Collins Avenue, Sunny Isles Beach
- Market: Sunny Isles Beach
The seller of the condo was Jules Trump, while the buyer was represented by Marc Lewin from TCII Capital Group. Acting as the seller's representative was Yansy Checa from Acqualina Realty. The transaction was successfully closed on 02/15/2023.
Players
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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93