SOLDCondo
Marlene Goldman Sells Miami Beach Condo For $1.3M As Seller's Rep
2201 Collins Avenue
$1,300,000
$2,309/SF
Building Size
563 SF
Asset Type
Condo
Closing
Apr 30, 2024
AI
The property involved in this transaction is a condominium located at 2201 Collins Avenue LPH 1926 in Miami Beach. The sale price for this condo was $1,300,000 with a total area of 563 square feet, resulting in a price per square foot of $2,309.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,300,000
- Market: Miami Beach
- Seller's Representative: Marlene Goldman - Beachfront Realty
Marlene Goldman from Beachfront Realty represented the seller in this transaction as the seller's representative.
Players
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
12.20%
Cash-on-Cash
-3.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93