Ajt Residence Trust Acquires Condo Unit In Miami Beach For $18.7M
3315 Collins Avenue, Miami Beach, Florida 33140, United States
$18,700,000
$4,675,000/SF
Building Size
4 SF
Asset Type
Condo
Closing
May 22, 1907
AI
A condo unit located at 3315 Collins Ave, Miami Beach, FL has been sold in a recent transaction. The property spans approximately 4,381 square feet and was sold for a price of $18,700,000. The price per square foot for this transaction is $4,268.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $18,700,000
- Address: 3315 Collins Ave, Miami Beach, FL
- Size: 4,381 square feet
- Price per square foot: $4,268
The buyer in this deal is Ajt Residence Trust, while the seller is James G Dinan.
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
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93