Acqualina Realty's Adriana Vargas Hernandez Represents Seller And Buyer In $5.3M Sale At The Estates In Sunny Isles Beach
17975 Collins Avenue
$5,300,000
$1,108/SF
Building Size
4,780 SF
Asset Type
Condo
Closing
Mar 21, 2023
About this deal
AI
Unit 701N at The Estates at Acqualina, located at 17975 Collins Avenue in Sunny Isles Beaches, has been sold for a price of $5,300,000. This luxury condo spans across 4,785 square feet, with a price per square foot of $1,108. The transaction was closed on 03/21/2023. Adriana Vargas Hernandez, from Acqualina Realty, represented both the seller and the buyer in this deal.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,300,000
- Square Footage: 4,785
- Price Per Square Foot: $1,108
- Address: 17975 Collins Avenue Unit 701N
- Market: Sunny Isles Beaches
This successful transaction at The Estates at Acqualina was orchestrated by Adriana Vargas Hernandez of Acqualina Realty. For more information about other 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
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93