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17975 Collins Avenue

Updated Mar 19, 2025

Casa Numa Land Trust Acquires Condo At 17975 Collins Avenue For $25M With Broker Support
SOLDCondo

Casa Numa Land Trust Acquires Condo At 17975 Collins Avenue For $25M With Broker Support

17975 Collins Avenue

$25,000,000

$2,747/SF

Building Size

9,100 SF

Asset Type

Condo

Closing

Mar 17, 2025

About this deal

AI

The property involved in this transaction is a condo located at 17975 Collins Avenue in North Miami Beach. It was sold for $25,000,000.00 and encompasses a total area of 9,100 square feet.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $25,000,000.00
  • Address: 17975 Collins Avenue
  • Market: North Miami Beach
  • Square Footage: 9,100.0
  • Buyer: Casa Numa Land Trust
  • Seller: Jules & Eddie Trump - Trump Group
  • Buyer’s Representatives: Liz Hogan (Compass), Benjamin (Ben) Moss (Compass)
  • Seller’s Representative: Michael Goldstein (Acqualina Realty)

This transaction features key individuals such as the buyer, Casa Numa Land Trust, and the seller, Jules & Eddie Trump, who are part of the Trump Group. The transaction was facilitated by representatives from Compass and Acqualina Realty, contributing their expertise to the deal's completion.

On the Map

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$25,000,000

$2,747/SF

Condo

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Players

Benjamin Moss

Compass

Broker

$114.6M

vol

10 deals

Broker
Trump Group
Trump GroupSeller
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Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $2.7K per square foot on a published $25M for 9,100 square feet (2025).

Visit Liz Hogan to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.63%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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