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17975 Collins Avenue

Yansy Checa & Adriana Vargas Hernandez Acquire Condo In Sunny Isles Beach For $8.95M
SOLDCondo

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

Adriana Vargas Hernandez

Acqualina Realty

Broker

$206.5M

vol

29 deals

Broker

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