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18555 Collins Avenue, Sunny...

Alan Jay Wildstein Sells Sunny Isles Beach Condo For $6.5M With Brokers Melissa Barragan & Dina Goldentayer
SOLDCondo

Alan Jay Wildstein Sells Sunny Isles Beach Condo For $6.5M With Brokers Melissa Barragan & Dina Goldentayer

18555 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

$6,500,000

$1,440/SF

Building Size

4,513 SF

Asset Type

Condo

Closing

Jul 8, 2020

AI

A 4,513 square-foot condo located at 18555 Collins Ave #2501 in Sunny Isles Beach has been sold for $6,500,000. The property is part of a condo building in the market of Sunny Isles Beach.

Summary of transation details

  • Property Type: Condo
  • Transaction Amount: $6,500,000
  • Address: 18555 Collins Ave #2501
  • Square Footage: 4,513
  • Price per Square Foot: $1,440

The seller of the condo was Alan Jay Wildstein. The deal was facilitated by the broker representatives Melissa Barragan from Dezer Platinum Realty and Dina Goldentayer from Douglas Elliman.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.6B

vol

92 deals

Broker
Alan Jay Wildstein

Alan Jay Wildstein

Alan Jay Automotive Network

Seller

$34.9M

vol

4 deals

Seller

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

2.44%

Cash-on-Cash

-0.70%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93