Yansy Checa Acquires Sunny Isles Beach Condo From Jules Trump For $11.5M
SOLD
$11,500,000
Florida
See Similar DealsCondo4,780 SF
Sold 07/27/2023
SOLD
Yansy Checa Acquires Sunny Isles Beach Condo From Jules Trump For $11.5M
17975 Collins Ave Sunny Isles Beach, FL 33160, USA
See Similar DealsCondo4,780 SF
Sold 07/27/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,405
Total Square Footage:4,780 SF
Transaction Type:Sale
The property involved in this transaction is a condominium located at 17975 Collins Avenue in Sunny Isles Beach. The condo spans a total area of 4,780 square feet and was sold for a price of $11,500,000. The price per square foot for this transaction is $2,406.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $11,500,000
- Square Footage: 4,780
- Price per Square Foot: $2,406
- Address: 17975 Collins Avenue
- Market: Sunny Isles Beach
The seller in this transaction is Jules Trump. The buyer and seller's representative is Yansy Checa from Acqualina Realty. Yansy Checa played a key role in facilitating this deal, ensuring a successful transaction between the buyer and seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$613,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
Annual Debt Service$654,190.40
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