Jules Trump Sells Condo On Collins Avenue In Sunny Isles Beach For $10.4M
17975 Collins Avenue
$10,400,000
$2,175/SF
Building Size
4,780 SF
Asset Type
Condo
Closing
Dec 7, 2023
AI
In a recent closed transaction, a condo located at 17975 Collins Avenue in Sunny Isles Beach was sold for a price of $10,400,000. The property, spanning over 4,780 square feet, boasts a price per square foot of $2,176. This transaction marks a significant sale in the local real estate market.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $10,400,000
- Square Footage: 4,780
- Price per Square Foot: $2,176
- Address: 17975 Collins Avenue, Sunny Isles Beach
The seller in this transaction was Jules Trump. Representing the buyer was Tomi Rose from Aston Rose, while Yansy Checa from Acqualina Realty served as the seller's representative. The deal was successfully closed with the expertise of these individuals and their respective agencies.
Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93