Acqualina Realty Sells Condo On Collins Avenue In Sunny Isles Beach For $8.95M
17975 Collins Avenue
$8,950,000
$1,872/SF
Building Size
4,780 SF
Asset Type
Condo
Closing
Mar 20, 2023
About this deal
AI
The Estates at Acqualina in Sunny Isles Beach has seen a recent closed transaction. Unit 1202N, a condo with a total square footage of 4,850, was sold for a price of $8,950,000. The unit was resold, re-listed, and closed by Adriana Vargas Hernandez from Acqualina Realty. The price per square foot for this transaction was $1,845.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $8,950,000
- Address: 17975 Collins Avenue, Sunny Isles Beach
- Square Footage: 4,850
- Seller's Representative: Adriana Vargas Hernandez - Acqualina Realty
If you are interested in learning more about the exclusive off-market listings at The Estates at Acqualina, you can contact Adriana Vargas Hernandez at 305.389.5428 or [email protected].
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.77%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93