Jules Trump Sells Condo On Collins Avenue In Sunny Isles Beach For $11.8M
17975 Collins Avenue
$11,800,000
$2,468/SF
Building Size
4,780 SF
Asset Type
Condo
Closing
May 17, 2023
About this deal
AI
The property involved in this transaction is a condo located at 17975 Collins Avenue in Sunny Isles Beach. The condo has a total square footage of 4,780. The sale price for this property was $11,800,000, resulting in a price per square foot of $2,469.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,800,000
- Date: 05/17/2023
- Address: 17975 Collins Avenue
- Market: Sunny Isles Beach
Jules Trump was the seller in this transaction. Avisha Kassir from Douglas Elliman represented the buyer, while Yansy Checa from Acqualina Realty represented the seller.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $11.8M for 4,780 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93