Natalie De Banco Acquires Condo In Miami Beach For $2.4M
2201 Collins Avenue #1014
$2,400,000
$2,339/SF
Building Size
1,026 SF
Asset Type
Condo
Closing
Mar 13, 2023
About this deal
AI
A condo located at 2201 Collins Avenue in Miami Beach has been sold for a price of $2,400,000. The property has a total square footage of 1,026, resulting in a price per square foot of $2,339. The sale was completed on March 13, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,400,000
- Square Footage: 1,026
- Price per Square Foot: $2,339
The buyer of the condo is Natalie De Banco, while the seller is Eli Weingarten. Representing the seller in this transaction is Christopher Adeleke from Douglas Elliman.
On the Map
$2,400,000
$2,339/SF
Condo
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Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.3K per square foot on a published $2.4M for 1,026 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93