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
About this deal
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.
The condo sale at 18501 Collins Avenue, APT 4501 in Sunny Isles Beach, Florida sold for $7.8M in 2024. The building is 3,252 square feet, implying about 2.4K per square foot on the published price. Frank H Navarro, Douglas Elliman appear on the sale alongside Douglas Elliman. This page is the Sunny Isles Beach, Florida file for the 18501 Collins Avenue, APT 4501 condo sold: pricing, party profiles, and other closed condo comps from the same Sunny Isles Beach sit in the Market section below. Filter that Sunny Isles Beach condo set by closing date to see what else sold near 18501 Collins Avenue, APT 4501 around 2024. Published consideration for 18501 Collins Avenue, APT 4501 is $7.8M, dated 2024. Cite this Frank H Navarro Of Douglas Elliman Sells Sunny Isles Beach Condo For $7.8M sale when underwriting similar condo product around Sunny Isles Beach, Florida.
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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