Dezer Group Sells Condo In Sunny Isles Beach For $7.4M With Buyer's Rep Wendy Sanchez & Seller's Rep Melissa Barragan
18401 Collins Avenue - Bentley Residences
$7,400,000
$2,455/SF
Building Size
3,014 SF
Asset Type
Condo
Closing
Jan 10, 2023
AI
The Bentley Residences, located at 18401 Collins Avenue in Sunny Isles Beach, has been sold in a recent transaction. This luxury condo property, spanning 3,014 square feet, was listed for sale by the Dezer Group. The property features a stunning oceanfront location and offers a breathtaking view of the beach. The sales price for this exclusive condo was set at $7,400,000, which translates to a price per square foot of $2,455.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,400,000
- Address: 18401 Collins Avenue - Bentley Residences, Sunny Isles Beach
- Market: Sunny Isles Beach
- Seller: Dezer Group
- Buyer's Representative: Wendy Sanchez - Charles Rutenberg Realty
- Seller's Representative: Melissa Barragan - Dezer Platinum Realty
This high-end condo unit was purchased by an undisclosed buyer, with Wendy Sanchez from Charles Rutenberg Realty representing them in the transaction. On the other side, Melissa Barragan from Dezer Platinum Realty acted as the seller's representative. The deal was finalized on January 10, 2023, marking a successful transaction for all parties involved.
Players
Sunny Isles Beach 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
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93