Kevin Wendle Acquires Condo At 2201 Collins Avenue For $3.95M
2201 Collins Avenue
$3,950,000
Building Size
—
Asset Type
Condo
Closing
Feb 10, 2023
About this deal
AI
The property involved in this closed transaction is a condo located at 2201 Collins Avenue in Miami Beach. The transaction took place on February 10, 2023. The condo spans 1,239 square feet and was sold for a price of $3,950,000, resulting in a price per square foot of $3,188. The seller's representative in this deal was Monica Nishi from Miami Connections Realty.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,950,000
- Square Footage: 1,239
- Price per Square Foot: $3,188
- Address: 2201 Collins Avenue, Miami Beach
Kevin Wendle is the buyer in this transaction. Monica Nishi, from Miami Connections Realty, represented the seller in the deal.
Players
Market 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
4.02%
Cash-on-Cash
-1.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93