Melissa Barragan Acquires Sunny Isles Beach Condo For $4.6M
18555 Collins Avenue, Sunny Isles Beach, Florida 33160, United States
$4,600,000
$1,347/SF
Building Size
3,415 SF
Asset Type
Condo
Closing
Apr 11, 2022
About this deal
AI
A luxury condominium unit located at 18555 Collins Ave Apt 2005 in Sunny Isles Beach has recently been sold for a price of $4,600,000. This impressive property spans over 3,415 square feet, offering a spacious living area for its new owner. With a price per square foot of $1,347, this condo showcases exquisite features and amenities.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $4,600,000
- Address: 18555 Collins Ave Apt 2005
- Market: Sunny Isles Beach
Facilitating this successful sale was Melissa Barragan from Dezer Platinum Realty, a renowned real estate agency known for their expertise in the market. Melissa Barragan served as the broker representing the parties involved in this transaction, ensuring a smooth and professional experience for all parties.
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.3K per square foot on a published $4.6M for 3,415 square feet (2022).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.45%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93