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18501 Collins Avenue, Sunny...

David Fish Of BRG International Sells Condo In Sunny Isles Beach For $6.2M
SOLDCondo

David Fish Of BRG International Sells Condo In Sunny Isles Beach For $6.2M

18501 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

$6,200,000

$1,993/SF

Building Size

3,110 SF

Asset Type

Condo

Closing

Apr 6, 2022

AI

A luxurious condo located at 18501 Collins Ave in Sunny Isles Beach has been sold for $6,200,000. The flow-through residence offers breathtaking direct ocean and intracoastal views. With a spacious 3,110 square feet of living space, this condo features 4 bedrooms, 4.5 bathrooms, a den/staff quarters, and a laundry room. The price per square foot for this stunning developer unit is $1,994.

Summary of Transaction Details

  • Property Type: Condo
  • Sale Price: $6,200,000
  • Address: 18501 Collins Ave, Sunny Isles Beach
  • Square Footage: 3,110
  • Price Per Square Foot: $1,994

The sale of this exceptional condo was facilitated by David Fish from BRG International. His expertise and dedication ensured a smooth and efficient transaction, closing the deal in just 7 days. For more information about David Fish and his services, you can visit brgintl.com/david-fish/. You can also reach out to him via email at [email protected] or call him at (786)218-0269.

Players

David Fish

BRG International

Broker

$24.2M

vol

5 deals

Broker

Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93