Jason Levine Acquires Sunny Isles Beach Condo From Seller Karina Velázquez
SOLD
$2,450,000
Florida
See Similar DealsCondo1,185 SF
Sold 06/28/2021
SOLD
Jason Levine Acquires Sunny Isles Beach Condo From Seller Karina Velázquez
3315 Collins Avenue, Miami Beach, Fl 33140, Usa
See Similar DealsCondo1,185 SF
Sold 06/28/2021
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,067
Total Square Footage:1,185 SF
Transaction Type:Sale
A condominium unit located at 3315 Collins Ave Apt 8D in Sunny Isles Beach has been sold. The property, which is a condo, was sold on June 28, 2021. The sale was facilitated by Gabriela Espejo, who represented the seller, Karina Velázquez.
Summary of Transaction Details
- Property Type: Condo
- Address: 3315 Collins Ave Apt 8D, Sunny Isles Beach
- Market: Sunny Isles Beach
- Buyer: Jason Levine
- Seller: Karina Velázquez
- Seller's Representative: Gabriela Espejo
- Asking Price: $2,500,000
- Sale Price: $2,450,000
- Total Square Footage: 1,185 sqft
- Price per Square Foot: $2,068
The buyer, Jason Levine, acquired the condominium unit at a sale price of $2,450,000. The property spans approximately 1,185 square feet, resulting in a price per square foot of $2,068.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$130,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,704.33
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,614.25
Annual Debt Service$139,371.00
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