Salvador Sanchis & Andres Navarro Of Harbour Residential Realty Sell Miami Beach Condo For $4.3M
2201 Collins Avenue
$4,300,000
$3,470/SF
Building Size
1,239 SF
Asset Type
Condo
Closing
Sep 25, 2025
AI
The transaction involved a condo located at 2201 Collins Avenue Unit 1128 in the Miami Beach market. The asset was sold for $4,300,000, covering a total area of 1,239 square feet, equating to a price per square foot of $3,470.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,300,000
- Square Footage: 1,239
- Price Per Square Foot: $3,470
- Seller's Representative: Salvador Sanchis & Andres Navarro - Harbour Residential Realty
This sale marks a record-breaking achievement, as it reflects the highest price per square foot ever accomplished at the W Residence. Salvador Sanchis and Andres Navarro represented the seller in this transaction.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93