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

Property Image
SOLD
$11,200,000

Florida

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Condo4,780 SF
Sold 05/28/2024
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Property Image
SOLD

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

17975 Collins Avenue

See Similar Deals
Condo4,780 SF
Sold 05/28/2024
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,343
Total Square Footage:4,780 SF
Transaction Type:Sale

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
23 deals$151.6M volume(786) 234-9898
BROKER

Mikhail Mudrik
The Agency
21 deals$90.5M volume
BROKER

Adriana Vargas Hernandez
Acqualina Realty
29 deals$206.5M volume
BROKER

Details

SOLD
IMAGE: Mikhail Mudrik, Daniel Tzinker & Adriana Vargas Hernandez DATE: 05/28/2024 ADDRESS: 17975 Collins Avenue Unit 4601 MARKET: Sunny Isles Beach ASSET TYPE: Condo BUYER'S REP: Daniel Tzinker (@DanielTzinker) & Mikhail Mudrik (@Mr.Mudrik) - The Agency (@TheAgencyRE) SELLER'S REP: Adriana Vargas Hernandez (@AdrianaVargash) - Acqualina Realty SALE PRICE: $11,200,000 SF: 4,780 ~ PPSF: $2,343 NOTE FROM BROKER: Just CLosed unit 4601 Amalfi Model at The Estate at Acqualina Residences. I'm pleased to announce a Collection of Exclusive off market listings for sale and to rent at The Estates at Acqualina. For more detailed information of these remarkable off-market residences, contact me for a private preview at [email protected] or 305.389.5428.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$597,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$39,791.25
Cash-on-Cash Return-1.27%
Monthly Debt Service$53,093.71
Annual Debt Service$637,124.57