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
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
2.23%
Cash-on-Cash
-0.64%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93