facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

3315 Collins Avenue

Shelly Bressler & Kayce Driscoll Of Douglas Elliman Represent Buyer In Sale Of Miami Beach Condo For $7.125M
SOLDCondo

Shelly Bressler & Kayce Driscoll Of Douglas Elliman Represent Buyer In Sale Of Miami Beach Condo For $7.125M

3315 Collins Avenue

$7,125,000

$3,183/SF

Building Size

2,238 SF

Asset Type

Condo

Closing

Jun 29, 2025

AI

The property involved in this transaction is a condo located at 3315 Collins Avenue in the Miami Beach market. This unit has a sale price of $7,125,000 and a total square footage of 2,238, which approximates to a price per square foot of $3,183.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,125,000
  • Square Footage: 2,238
  • Price Per Square Foot: $3,183
  • Buyer’s Representative: Shelly Bressler & Kayce Driscoll - Douglas Elliman
  • Seller’s Representative: Lourdes Gutierrez - Compass
  • Date of Transaction: 06/30/2025

The key individuals involved in the transaction include buyers’ representatives Shelly Bressler and Kayce Driscoll from Douglas Elliman, while the seller was represented by Lourdes Gutierrez of Compass. These representatives facilitated the sale between the buyer and seller in this closed transaction.

Players

Kayce Driscoll

Douglas Elliman

Broker

$21.6M

vol

4 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Compass
CompassBrokerage

Miami Beach 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

2.23%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93