SOLDCondo
Max And Ryan Farbstein Sell Sunny Isles Beach Condo For $5.8M
18555 Collins Ave Sunny Isles Beach, FL 33160, USA
$5,800,000
$1,396/SF
Building Size
4,154 SF
Asset Type
Condo
Closing
Aug 31, 2023
AI
A condo located at 18555 Collins Avenue in Sunny Isles Beach has been sold for $5,800,000. This property spans 4,154 square feet and has a price per square foot of $1,396.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $5,800,000
- Address: 18555 Collins Avenue
- Market: Sunny Isles Beach
- Square Footage: 4,154
- Price per Square Foot: $1,396
The sale was facilitated by Max Farbstein and Ryan Farbstein, who served as the official brokers for this transaction.
Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.73%
Cash-on-Cash
-0.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93