Kirill Kokarev & Yansy Checa Acquire Sunny Isles Beach Condo For $9.9M
SOLD
$9,900,000
Florida
See Similar DealsCondo5,283 SF
Sold 01/27/2023
SOLD
Kirill Kokarev & Yansy Checa Acquire Sunny Isles Beach Condo For $9.9M
17901 Collins Avenue
See Similar DealsCondo5,283 SF
Sold 01/27/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,873
Total Square Footage:5,283 SF
Transaction Type:Sale
This condo property located at 17901 Collins Avenue in Sunny Isles Beach has recently been sold for a total price of $9,900,000. The transaction took place on January 27, 2023. The condo has a total area of 5,283 square feet, resulting in a price per square foot of $1,874. The seller of the property was Jules Trump. The deal was facilitated by the brokers Kirill Kokarev and Yansy Checa, representing Acqualina Realty.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $9,900,000
- Address: 17901 Collins Avenue, Sunny Isles Beach
- Market: Sunny Isles Beach
The sale of this condo property at 17901 Collins Avenue in Sunny Isles Beach was made possible by the efforts of Jules Trump as the seller. Leading the transaction were brokers Kirill Kokarev and Yansy Checa, who represented Acqualina Realty. Their expertise and negotiation skills played a crucial role in ensuring the successful completion of the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$528,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$35,172.61
Cash-on-Cash Return-1.27%
Monthly Debt Service$46,931.05
Annual Debt Service$563,172.61
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