One Sothebys International Realty Represents Both Sides In $2M Miami Beach Condo Sale
3315 Collins Ave, Miami Beach, FL 33140, USA
$2,025,000
$2,897/SF
Building Size
699 SF
Asset Type
Condo
Closing
Aug 24, 2023
AI
A condo located at 3315 Collins Avenue in Miami Beach has been sold for $2,025,000. The property covers an area of 699 square feet, resulting in a price per square foot of $2,897. This transaction took place on August 24, 2023. One Sotheby’s International Realty represented both sides of the deal.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,025,000
- Square Footage: 699
- Price per Square Foot: $2,897
- Address: 3315 Collins Avenue, Miami Beach
- Market: Miami Beach
Rachael Taylor and Inga Boutboul, both brokers from One Sotheby’s International Realty, played crucial roles in this transaction.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93