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2201 Collins Avenue

Zlatan Ibrahimović Sells W South Beach Condo For $2.3M
SOLDCondo

Zlatan Ibrahimović Sells W South Beach Condo For $2.3M

2201 Collins Avenue

$2,300,000

$4,085/SF

Building Size

563 SF

Asset Type

Condo

Closing

Sep 7, 2023

AI

Zlatan Ibrahimović, the renowned soccer legend, has sold his one-bedroom condo at the W South Beach in Miami Beach. The property, located at 2201 Collins Ave, was sold for $2.3 million, slightly below the asking price of $2.4 million. The condo spans 1,026 square feet and has a price per square foot of $2,242.

Summary of transaction details

The buyer's representative in this transaction was Christopher Adeleke, affiliated with Douglas Elliman. On the seller's side, Evelina Tsigelnitskaya and Valeria Mola, both from SIB Realty, represented Zlatan Ibrahimović. It is worth noting that Ibrahimović recently made headlines with his comments about the potential rigging of the FIFA World Cup in Qatar, joining other athletes in expressing concerns about past scandals and bribery allegations related to World Cup hosting rights.

Players

Christopher Adeleke

Douglas Elliman

Broker

$32.4M

vol

12 deals

Broker

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

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93