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Jules Trump Sells Sunny Isles Beach Condo Unit 1104 For $7.8M With Buyer's Rep Gil Brendel & Seller's Rep Karina Serber Batievsky

Property Image
SOLD
$7,823,000

Florida

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Condo4,130 SF
Sold 11/16/2022
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Property Image
SOLD

Jules Trump Sells Sunny Isles Beach Condo Unit 1104 For $7.8M With Buyer's Rep Gil Brendel & Seller's Rep Karina Serber Batievsky

17901 Collins Ave #1104 Sunny Isles Beach, FL 33160, USA

See Similar Deals
Condo4,130 SF
Sold 11/16/2022
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,894
Total Square Footage:4,130 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 17901 Collins Avenue Unit 1104 in Sunny Isles Beach. The condo has a total square footage of 4,130, with a price per square foot of $1,894. The sale was completed on 11/16/2022 for a total sale price of $7,823,000. The seller of the property was Jules Trump.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,823,000
  • Address: 17901 Collins Avenue Unit 1104
  • Market: Sunny Isles Beach
  • Square Footage: 4,130
  • Price Per Square Foot: $1,894

The buyer's representative in this transaction was Gil Brendel from G Realty Group, while the seller was represented by Karina Serber Batievsky from The Estates at Acqualina. The buyer's counsel was Salomon Bagdadi Esq.

Players

4 deals$18.2M volume
BROKER


Jules Trump
23 deals$192.8M volume
SELLER

Details

SOLD
IMAGE: Karina Serber Batievsky & Gil Brendel DATE: 11/16/2022 ADDRESS: 17901 Collins Avenue Unit 1104 MARKET: Sunny Isles Beach ASSET TYPE: Condo SELLER: Jules Trump BUYER'S REP: Gil Brendel (@GilBrendel) - G Realty Group (@GRealty_Group) SELLER'S REP: Karina Serber Batievsky (@Karina_Acqualina) - The Estates at Acqualina (@EstatesAtAcqualina) BUYER'S COUNSEL: Salomon Bagdadi Esq (@Don_Salomon) SALE PRICE: $7,823,000 SF: 4,130 ~ PPSF: $1,894

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$417,226.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,793.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,085.01
Annual Debt Service$445,020.13