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17975 Collins Avenue

Daniel Tzinker & Mikhail Mudrik Buy Condo For $11.2M In Sunny Isles Beach
SOLDCondo

Daniel Tzinker & Mikhail Mudrik Buy Condo For $11.2M In Sunny Isles Beach

17975 Collins Avenue

$11,200,000

$2,343/SF

Building Size

4,780 SF

Asset Type

Condo

Closing

May 28, 2024

AI

The property involved in the transaction is a condo located at 17975 Collins Avenue Unit 4601 in Sunny Isles Beach. The sale price for this condo was $11,200,000 with a total square footage of 4,780, resulting in a price per square foot of $2,343.

Summary of transaction details:

Daniel Tzinker and Mikhail Mudrik from The Agency represented the buyer in the deal, while Adriana Vargas Hernandez from Acqualina Realty represented the seller. A note from the broker mentioned the successful closure of unit 4601 Amalfi Model at The Estate at Acqualina Residences, offering a collection of exclusive off-market listings for sale and rent at The Estates at Acqualina.

Players

Daniel Tzinker

The Agency

Broker

$151.6M

vol

23 deals

Broker

Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.42%

Cash-on-Cash

-0.40%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93