David Druker Acquires Condo In Sunny Isles Beach For $2.05M
19333 Collins Avenue
$2,050,000
$1,062/SF
Building Size
1,930 SF
Asset Type
Condo
Closing
Oct 27, 2023
About this deal
AI
The property involved in the transaction is a condominium located at 19333 Collins Avenue in Sunny Isles Beach. The condo has a total area of 1,930 square feet and was sold for a price of $2,050,000, resulting in a price per square foot of $1,062. The buyer of the property is David Druker, and the seller is Esther Ventura.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,050,000
- Address: 19333 Collins Avenue
- Market: Sunny Isles Beach
- Buyer: David Druker
- Seller: Esther Ventura
The brokers involved in the deal are Juan Camilo Mejia from MI Exclusive Properties and Niv Levi from Levco Real Estate Group.
Players
Sunny Isles Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $2.1M for 1,930 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.74%
Cash-on-Cash
-2.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93