SOLDCondo
Frank H Navarro Of Douglas Elliman Sells Sunny Isles Beach Condo For $7.8M
18501 Collins Avenue, APT 4501
$7,800,000
$2,398/SF
Building Size
3,252 SF
Asset Type
Condo
Closing
Apr 4, 2024
AI
The condo located at 18501 Collins Avenue in Sunny Isles Beach was sold for $7,800,000. Spanning 3,252 square feet, the property was transacted at a price per square foot of $2,399.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $7,800,000
- Address: 18501 Collins Avenue, Sunny Isles Beach
- Broker: Frank H. Navarro - Douglas Elliman
- Square Footage: 3,252
- Price Per Square Foot: $2,399
Frank H. Navarro from Douglas Elliman represented the parties involved in this real estate transaction.
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
2.03%
Cash-on-Cash
-0.58%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93