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Bret & Yecenia Curtis Sell Sunny Isles Beach Condo For $5.25M With Michelle Judd & Sylvia Fragos

Property Image
SOLD
$5,250,000

Florida

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Condo3,296 SF
Sold 04/23/2022
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Property Image
SOLD

Bret & Yecenia Curtis Sell Sunny Isles Beach Condo For $5.25M With Michelle Judd & Sylvia Fragos

18975 Collins Avenue, Sunny Isles Beach, Florida 33160, United States

See Similar Deals
Condo3,296 SF
Sold 04/23/2022
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,592
Total Square Footage:3,296 SF
Transaction Type:Sale

18975 Collins Ave in Sunny Isles Beach has been sold for a price of $5,250,000. This condo, measuring 3,296 square feet, was listed with an asking price of $5,550,000. The price per square foot was calculated at $1,593.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $5,250,000
  • Address: 18975 Collins Ave, Sunny Isles Beach
  • Square Footage: 3,296
  • Asking Price: $5,550,000
  • Price per Square Foot: $1,593

The sellers of this condo were Bret & Yecenia Curtis. They were represented by Michelle Judd from Dezer Platinum Realty and Sylvia Fragos from Great Estates International Realty. Michelle Judd and Sylvia Fragos were the brokers involved in this transaction.

Players

4 deals$12.8M volume
BROKER

Sylvia Fragos
3 deals$13.1M volume
BROKER

Details

SOLD
IMAGE: Michelle Judd & Sylvia Fragos ADDRESS: 18975 Collins Ave MARKET: Sunny Isles Beach ASSET TYPE: Condo SELLER: Bret & Yecenia Curtis BROKERS: Michelle Judd (@MichelynnJudd) - Dezer Platinum Realty (@DezerPlatinumRealty); Sylvia Fragos (@GreatEstatesInternational) Great Estates International Realty ASKING PRICE: $5,550,000 SALE PRICE: $5,250,000 SF: 3,296 ~ PPSF: $1,593

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$280,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$18,652.13
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,887.68
Annual Debt Service$298,652.14