Yansy Checa & Adriana Vargas Hernandez Acquire Condo In Sunny Isles Beach For $8.95M
17975 Collins Avenue
$8,950,000
$2,041/SF
Building Size
4,385 SF
Asset Type
Condo
Closing
Mar 22, 2023
AI
A luxurious condo unit located at 17975 Collins Avenue Unit 1202 in Sunny Isles Beach has been sold. This stunning property, spanning 4,385 square feet, was recently sold for an impressive sale price of $8,950,000. The condo offers breathtaking views and exquisite features, making it a highly sought-after asset in the market. With a price per square foot of $2,041, this condo represents a valuable investment opportunity.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $8,950,000
- Square Footage: 4,385
- Address: 17975 Collins Avenue Unit 1202
- Market: Sunny Isles Beach
The sale of this magnificent condo was facilitated by Yansy Checa and Adriana Vargas Hernandez from Acqualina Realty. Their expertise and professional representation ensured a smooth transaction for all parties involved. As highly experienced brokers, Yansy Checa and Adriana Vargas Hernandez played a crucial role in connecting the buyer and seller and securing this significant deal in the Sunny Isles Beach market.
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
1.77%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93