Judith Butera Acquires Condo In Sunny Isles Beach From Dezer Group For $5.9M
18401 Collins Ave #5903 Sunny Isles Beach, FL 33160, USA
$5,900,000
$2,081/SF
Building Size
2,835 SF
Asset Type
Condo
Closing
Jun 2, 2023
AI
18401 Collins Avenue in Sunny Isles Beach has been sold in a recent property transaction. This property is a condominium with a total area of 2,835 square feet. The sale price for this condo was $5,900,000, resulting in a price per square foot of $2,081. The transaction took place on 06/02/2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,900,000
- Address: 18401 Collins Avenue, Sunny Isles Beach
Judith Butera has acquired the condominium, while the seller is the Dezer Group. Priscilla Haisley from Luxe Properties represented Judith Butera as her buyer's representative in this deal.
Players
Miami 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
2.69%
Cash-on-Cash
-0.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93