The asset involved in this transaction is a condo located at 2201 Collins Avenue Unit 1718 in the Miami Beach market. The sale price of the property was $1,400,000. It encompasses a total area of 574 square feet, resulting in a price per square foot of $2,439.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $1,400,000
• Address: 2201 Collins Avenue Unit 1718
• Market: Miami Beach
• Square Footage: 574
• Price Per Square Foot: $2,439
• Buyer: Eberhard Penz
• Seller: Richard Friedman
• Buyer's Representative: Christopher Adeleke - Douglas Elliman
• Seller's Representative: Matthew Dugow - Compass

The transaction was facilitated by Christopher Adeleke representing the buyer Eberhard Penz, while Matthew Dugow represented the seller Richard Friedman. Both representatives are affiliated with their respective real estate agencies, Douglas Elliman and Compass.