Monica Cohan Of MC Miami Realty Represents Buyer In $3.2M Miami Beach Condo Sale
3315 Collins Avenue
$3,200,000
$2,490/SF
Building Size
1,285 SF
Asset Type
Condo
Closing
Apr 29, 2025
About this deal
AI
The property involved in the transaction is a condo located at 3315 Collins Avenue 5D in Miami Beach. The sale price of the property was $3,200,000, encompassing a total area of 1,285 square feet, which equates to a price per square foot of $2,490.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,200,000
- Address: 3315 Collins Avenue 5D
- Market: Miami Beach
- Square Footage: 1,285
- Price per Square Foot: $2,490
- Buyer's Representative: Monica Cohan - MC Miami Realty
- Seller's Representatives: Dan Hechtkopf & Marci DeClaris - Compass
Monica Cohan represented the buyer, while Dan Hechtkopf and Marci DeClaris represented the seller in this transaction. The deal reflects active participation from multiple real estate agents within the closing process.
On the Map
$3,200,000
$2,490/SF
Condo
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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
4.96%
Cash-on-Cash
-1.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93