Pamela Dagerman Purchases Condo From Fernando Falcon In Sunny Isles Beach For $5.475M
SOLD
$5,475,000
Florida
See Similar DealsCondo3,110 SF
Sold 04/30/2025
SOLD
Pamela Dagerman Purchases Condo From Fernando Falcon In Sunny Isles Beach For $5.475M
18501 Collins Avenue
See Similar DealsCondo3,110 SF
Sold 04/30/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,760
Total Square Footage:3,110 SF
Transaction Type:Sale
The property involved in this transaction is a condo located at 18501 Collins Avenue in Sunny Isles Beach. The sale price of the condo was $5,475,000, and it has a total square footage of 3,110 square feet, resulting in a price per square foot of $1,760.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,475,000
- Buyer: Pamela Dagerman
- Seller: Fernando Falcon
- Broker: Mariana Shulga
Mariana Shulga represented the buyer in this transaction, facilitating the exchange between Pamela Dagerman and Fernando Falcon. This sale reflects a significant engagement in the real estate market within the Sunny Isles Beach area.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$292,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$19,451.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,954.29
Annual Debt Service$311,451.52
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