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2901 Collins Avenue

Updated Dec 4, 2024

Marlene Goldman Facilitates $4.99M Sale Of Miami Beach Condo
SOLDCondo

Marlene Goldman Facilitates $4.99M Sale Of Miami Beach Condo

2901 Collins Avenue

$4,995,000

$3,444/SF

Building Size

1,450 SF

Asset Type

Condo

Closing

May 10, 2024

About this deal

AI

The condominium located at 2901 Collins Avenue Unit 1205 in Miami Beach was sold for $4,995,000. Spanning 1,450 square feet, the sale price per square foot was $3,445.

Summary of transaction details:

Marlene Goldman, from Beachfront Realty, represented the parties involved in the transaction.

The condo sale at 2901 Collins Avenue in Miami Beach, Florida sold for $5M in 2024. The building is 1,450 square feet, implying about 3.4K per square foot on the published price. Marlene Goldman, Beachfront Realty appear on the sale alongside Beachfront Realty. This page is the Miami Beach, Florida file for the 2901 Collins Avenue condo sold: pricing, party profiles, and other closed condo comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach condo set by closing date to see what else sold near 2901 Collins Avenue around 2024. Published consideration for 2901 Collins Avenue is $5M, dated 2024. Cite this Marlene Goldman Facilitates $4.99M Sale Of Miami Beach Condo sale when underwriting similar condo product around Miami Beach, Florida.

Players

Marlene Goldman

Beachfront Realty

Broker

$19M

vol

5 deals

Broker

Miami Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $3.4K per square foot on a published $5M for 1,450 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.18%

Cash-on-Cash

-0.91%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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