Pamela Dagerman Purchases Condo From Fernando Falcon In Sunny Isles Beach For $5.475M
18501 Collins Avenue
$5,475,000
$1,760/SF
Building Size
3,110 SF
Asset Type
Condo
Closing
Apr 29, 2025
About this deal
AI
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.
Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $5.5M for 3,110 square feet (2025).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.90%
Cash-on-Cash
-0.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93