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300 Collins Avenue

SOLDCondo

Marko Gojanovic Reid Heidenry & Darryl S. Fox Represent Sale Of Miami Beach Condo For $6.3M

300 Collins Avenue

$6,300,000

$2,004/SF

Building Size

3,143 SF

Asset Type

Condo

Closing

Jul 15, 2025

AI

The property asset involved in this transaction is a condo located at 300 Collins Avenue PH 1 in the Miami Beach market. This condo sold for a total price of $6,300,000, encompassing a square footage of 3,143 and a price per square foot of $2,004.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $6,300,000
  • Square Footage: 3,143
  • Price per Square Foot: $2,004
  • Address: 300 Collins Avenue PH 1
  • Market: Miami Beach

The deal involved three brokers from ONE Sotheby's International Realty: Marko Gojanovic, Reid Heidenry, and Darryl S. Fox, who represented the seller in this transaction.

Players

Reid Heidenry

Sotheby's International Realty

Broker

$529.9M

vol

43 deals

Broker
One Sotheby’s International Realty
One Sotheby’s International RealtyBrokerage

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

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93