Alan Jay Wildstein Sells Sunny Isles Beach Condo For $6.5M With Melissa Barragan & Dina Goldentayer - Dezer Platinum Realty & Douglas Elliman
18555 Collins Avenue
$6,500,000
Building Size
—
Asset Type
Condo
Closing
Jul 8, 2022
AI
A 4,513 square feet condo located at 18555 Collins Ave #2501 in Sunny Isles Beach has been sold for $6,500,000. The property is situated in a desirable market and offers stunning views of the surrounding area. The sale price represents a price per square foot of $1,440, indicating a premium value for the property.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,500,000
- Address: 18555 Collins Ave #2501
- Market: Sunny Isles Beach
The seller of the property was Alan Jay Wildstein, who sought representation from Melissa Barragan of Dezer Platinum Realty and Dina Goldentayer of Douglas Elliman. Both brokers played instrumental roles in facilitating the 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
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93