Andre Diamant Sells Condo At 18975 Collins Avenue Unit 700 For $5.33M With Jonathan Mann And Yoni Dahan As Representatives
SOLD
Florida
See Similar DealsCondo3,043 SF
Sold 12/31/2024
SOLD
Andre Diamant Sells Condo At 18975 Collins Avenue Unit 700 For $5.33M With Jonathan Mann And Yoni Dahan As Representatives
18975 Collins Avenue
See Similar DealsCondo3,043 SF
Sold 12/31/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,752
Total Square Footage:3,043 SF
Transaction Type:Sale
The property asset involved in the transaction is a condo located at 18975 Collins Avenue Unit 700 in Sunny Isles Beach. It has a sale price of $5,332,000, encompasses a total of 3,043 square feet, and is priced at approximately $1,752 per square foot.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,332,000
- Address: 18975 Collins Avenue Unit 700
- Market: Sunny Isles Beach
- Square Footage: 3,043
- Price Per Square Foot: $1,752
- Seller: Andre Diamant
- Buyer's Representative: Yoni Dahan - World Class Realty
- Seller's Representative: Jonathan Mann - The Jills Zeder Group
The deal involved Yoni Dahan representing the buyer, while Jonathan Mann acted as the representative for the seller, ensuring the smooth facilitation of this property transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$284,373.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,943.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,276.40
Annual Debt Service$303,316.80
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