Nikola Nozinic Acquires Condo On Collins Ave Miami Beach For $2.7M
2201 Collins Avenue, Miami Beach, Florida 33139, United States
$2,700,000
$2,408/SF
Building Size
1,121 SF
Asset Type
Condo
Closing
Jul 1, 2022
AI
The property involved in this transaction is a condominium located at 2201 Collins Ave, Miami Beach. It was sold on 07/01/2022 by Ernest O'Brien. The buyer, Nikola Nozinic, purchased the property for a total sale price of $2,700,000. The condo has a total area of 1,121 square feet and a price per square foot of $2,409.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $2,700,000
- Date: 07/01/2022
- Address: 2201 Collins Ave, Miami Beach
- Square Footage: 1,121
- Price per Square Foot: $2,409
The sale of this condo was facilitated by Christopher Adeleke from Douglas Elliman. He represented the seller, Ernest O'Brien, in this transaction.
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
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93