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Adriana Vargas Hernandez & Karina Batievsky Close Condo Sale In Sunny Isles Beach

Property Image
SOLD
$9,300,000

Florida

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Condo4,378 SF
Sold 06/18/2024
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Property Image
SOLD

Adriana Vargas Hernandez & Karina Batievsky Close Condo Sale In Sunny Isles Beach

Condo4,378 SF
Sold 06/18/2024
Contact now

Summary

Asset Type:Condo
Price Per Square Foot:$2,124
Total Square Footage:4,378 SF
Transaction Type:Sale

The property involved in this transaction is a 4,378 sq. ft. condo located at 17975 Collins Avenue Unit Ravello 1602 North Tower in Sunny Isles Beach. The sale price for this asset was $9,300,000. The deal was facilitated by Karina Batievsky from Acqualina Realty, representing the seller, and Adriana Vargas Hernandez & Adriana Rodriguez also from Acqualina Realty, representing the buyer.

Summary of transation details:

The noteworthy mention in this deal is the successful closure of the Ravello Model at The Estate at Acqualina Residences. The exclusive off-market listings for sale and rent at The Estates at Acqualina can be explored further by contacting Adriana Vargas Hernandez and Adriana Rodriguez at Acqualina Realty or Karina Batievsky at The Estates at Acqualina for a private preview.

Players

Karina Serber Batievsky
10 deals$83.6M volume(305) 336-3666
BROKER

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

Adriana Rodriguez
1 deal$9.3M volume
BROKER

Details

SOLD
IMAGE: Karina Batievsky, Adriana Vargas Hernandez & Adriana Rodriguez DATE: 06/18/2024 ADDRESS: 17975 Collins Avenue Unit Ravello 1602 North Tower MARKET: Sunny Isles Beach ASSET TYPE: Condo BUYER'S REP: Adriana Vargas Hernandez (@AdrianaVargash) - Acqualina Realty & Adriana Rodriguez SELLER'S REP: Karina Batievsky (@Karina_Acqualina) - Acqualina Realty SALE PRICE: $9,300,000 SF: 4,378 sq. ft. NOTE FROM BROKER: Just CLosed unit Ravello 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 us at Acqualina Realty for a private preview at [email protected] or 305.389.5428, [email protected] or (305)336-3666

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

$496,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$33,040.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$44,086.74
Annual Debt Service$529,040.94