Lily Hakobyan Purchases Condo At 2201 Collins Avenue From Nikola Nozinic For $2.9M
2201 Collins Avenue
$2,900,000
$2,253/SF
Building Size
1,287 SF
Asset Type
Condo
Closing
Jun 5, 2025
AI
The property asset involved in the transaction is a condo located at 2201 Collins Avenue Unit 711 in Miami Beach. It was sold for a price of $2,900,000, featuring a square footage of 1,287, which results in a price per square foot of $2,253.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,900,000
- Address: 2201 Collins Avenue Unit 711
- Market: Miami Beach
- Square Footage: 1,287
- Price per Square Foot: $2,253
- Buyer: Lily Hakobyan
- Seller: Nikola Nozinic
- Broker: Christopher Adeleke - Douglas Elliman
This transaction marks the second time that Christopher Adeleke successfully represented and sold this residence at the W South Beach.
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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93