Chad Carroll Of The Chad Carroll Group Represents Seller Adam Gordon In $10M Sunny Isles Beach Condo Sale
19575 Collins Avenue
$10,000,000
$2,003/SF
Building Size
4,992 SF
Asset Type
Condo
Closing
Dec 4, 2025
About this deal
AI
A condo located at 19575 Collins Avenue Unit 6 in Sunny Isles Beach has been sold for $10,000,000. The property spans an impressive 4,992 square feet, reflecting a price per square foot of $2,003.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $10,000,000
- Seller: Adam Gordon
- Buyer & Seller's Representative: Chad Carroll - The Chad Carroll Group - Compass
- Photographer: Daniel Petroni
Chad Carroll, representing the seller Adam Gordon, facilitated the transaction, showcasing the effective representation in this high-value deal.
On the Map
$10,000,000
$2,003/SF
Condo
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Sunny Isles Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93