Sivan Erten Of Erten Realty Group Represents Buyer In $2.6M Miami Beach Condo Sale
2201 Collins Avenue
$2,600,000
$2,534/SF
Building Size
1,026 SF
Asset Type
Condo
Closing
Mar 14, 2025
AI
This transaction involves a condo asset located at 2201 Collins Avenue Unit 1214 in Miami Beach. The property has a sale price of $2,600,000 and encompasses a total area of 1,026 square feet, which results in a price per square foot of $2,534.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,600,000
- Address: 2201 Collins Avenue Unit 1214
- Market: Miami Beach
- Square Footage: 1,026
- Price per Square Foot: $2,534
- Buyer's Representation: Sivan Erten - Erten Realty Group
- Seller's Representation: Wendy Cohen - One Sotheby’s International Realty
The deal was facilitated by Sivan Erten from Erten Realty Group representing the buyer, while Wendy Cohen from One Sotheby’s International Realty represented the seller in this property transaction.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.10%
Cash-on-Cash
-1.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93