Ariel Teodoro Hollender Acquires Condo In Sunny Isles Beach For $4.2M
18801 Collins Avenue
$4,201,981
$1,954/SF
Building Size
2,150 SF
Asset Type
Condo
Closing
May 17, 2023
About this deal
AI
The property asset involved in the transaction is a condo located at 18801 Collins Avenue in Sunny Isles Beach. The sale price for this condo was $4,201,981, with a total square footage of 2,150. The price per square foot for this transaction amounts to $1,954.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,201,981
- Address: 18801 Collins Avenue
- Market: Sunny Isles Beach
- Square Footage: 2,150
- Price Per Square Foot: $1,954
The transaction involved broker Ariel Teodoro Hollender from Compass, representing the sale of the condo at the specified address. The focus of this deal highlights the role of the broker in facilitating the transaction within the market.
On the Map
$4,201,981
$1,954/SF
Condo
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Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2K per square foot on a published $4.2M for 2,150 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93