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17975 Collins Avenue

Updated Dec 4, 2024

Acqualina Realty's Adriana Vargas Hernandez Represents Seller And Buyer In $5.3M Sale At The Estates In Sunny Isles Beach
SOLDCondo

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].

Players

Adriana Vargas Hernandez

Acqualina Realty

Broker

$200.3M

vol

28 deals

Broker

Miami Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $1.1K per square foot on a published $5.3M for 4,780 square feet (2023).

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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

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