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18401 Collins Ave #5903 Sun...

Judith Butera Acquires Condo In Sunny Isles Beach From Dezer Group For $5.9M
SOLDCondo

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

Priscilla Haisley

Luxe Properties

Broker

$22.5M

vol

5 deals

Broker
DG
Dezer GroupSeller

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