Jules Trump Sells Sunny Isles Beach Condo For $11.9M With Buyer's Rep David Siddons & Seller's Rep Yansy Checa
SOLD
$11,900,000
Florida
See Similar DealsCondo4,780 SF
Sold 11/09/2023
SOLD
Jules Trump Sells Sunny Isles Beach Condo For $11.9M With Buyer's Rep David Siddons & Seller's Rep Yansy Checa
17975 Collins Avenue
See Similar DealsCondo4,780 SF
Sold 11/09/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,489
Total Square Footage:4,780 SF
Transaction Type:Sale
The condo located at 17975 Collins Avenue in Sunny Isles Beach has been sold in a closed transaction for a price of $11,900,000. The property spans 4,780 square feet and sold at a rate of $2,490 per square foot.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $11,900,000
- Address: 17975 Collins Avenue, Sunny Isles Beach
- Square Footage: 4,780 sqft
- Price per Square Foot: $2,490
The seller of the condo was Jules Trump, while the buyer was represented by David Siddons from Douglas Elliman. Yansy Checa from Acqualina Realty served as the seller's representative in the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$634,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$42,278.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$56,412.07
Annual Debt Service$676,944.85
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