Jules Trump Sells Condo On Collins Avenue In Sunny Isles Beach For $10.4M
SOLD
$10,400,000
Florida
See Similar DealsCondo4,780 SF
Sold 12/07/2023
SOLD
Jules Trump Sells Condo On Collins Avenue In Sunny Isles Beach For $10.4M
17975 Collins Avenue
See Similar DealsCondo4,780 SF
Sold 12/07/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,175
Total Square Footage:4,780 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$554,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,949.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$49,301.31
Annual Debt Service$591,615.67
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