Jason Levine Acquires Sunny Isles Beach Condo From Seller Karina Velázquez
3315 Collins Avenue, Miami Beach, Fl 33140, Usa
$2,450,000
$2,067/SF
Building Size
1,185 SF
Asset Type
Condo
Closing
Jun 28, 2021
About this deal
AI
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.
Players
Villa Hipodromo Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.1K per square foot on a published $2.5M for 1,185 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93