Adriana Vargas Hernandez & Karina Batievsky Close Condo Sale In Sunny Isles Beach
$9,300,000
$2,124/SF
Building Size
4,378 SF
Asset Type
Condo
Closing
Jun 18, 2024
AI
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:
- Property Type: Condo
- Transaction Amount: $9,300,000
- Address: 17975 Collins Avenue Unit Ravello 1602 North Tower
- Market: Sunny Isles Beach
- Buyer's Rep: Adriana Vargas Hernandez - Acqualina Realty & Adriana Rodriguez
- Seller's Rep: Karina Batievsky - Acqualina Realty
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
Market 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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93