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
About this deal
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.
The condo sale at 18555 Collins Ave Sunny Isles Beach, FL 33160, USA in Sunny Isles Beach, Florida sold for $5.8M in 2023. The building is 4,154 square feet, implying about 1.4K per square foot on the published price. Ryan Farbstein, Max Farbstein, Official appear on the sale alongside Official. This page is the Sunny Isles Beach, Florida file for the 18555 Collins Ave Sunny Isles Beach, FL 33160, USA 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 18555 Collins Ave Sunny Isles Beach, FL 33160, USA around 2023. Published consideration for 18555 Collins Ave Sunny Isles Beach, FL 33160, USA is $5.8M, dated 2023. Cite this Max And Ryan Farbstein Sell Sunny Isles Beach Condo For $5.8M sale when underwriting similar condo product around Sunny Isles Beach, Florida.
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Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $5.8M for 4,154 square feet (2023).
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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