Sam Youssef Acquires Condo At 2201 Collins Avenue Miami Beach From Ryan Meany For $2.6M
2201 Collins Avenue
$2,600,000
$2,258/SF
Building Size
1,151 SF
Asset Type
Condo
Closing
Sep 17, 2026
About this deal
AI
A condo located at 2201 Collins Avenue Residence in Miami Beach has been sold for a price of $2,600,000. The unit encompasses a total of 1,151 square feet, providing a price per square foot of $2,258. This transaction signifies the final sale of the W South Beach era while the property prepares for its transformation into Waldorf Astoria Residences Miami Beach.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $2,600,000
- Address: 2201 Collins Avenue Residence, Miami Beach
- Square Footage: 1,151
- Price Per Square Foot: $2,258
- Buyer: Sam Youssef
- Seller: Ryan Meany
- Broker: Christopher Adeleke - Douglas Elliman
The deal involved broker Christopher Adeleke representing both the seller, Ryan Meany, and the buyer, Sam Youssef. This transaction is noted as historic, marking a significant milestone in the property's transition to a new development phase.
On the Map
$2,600,000
$2,258/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 $2.6M for 1,151 square feet (2026).
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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