Jordan Karp Of Jordan Karp LLC Represents Buyer In $7.65M Condo Sale In Miami Beach
3651 Collins Avenue
$7,650,000
$2,022/SF
Building Size
3,783 SF
Asset Type
Condo
Closing
May 12, 2026
About this deal
AI
The property involved in this transaction is a condo located at 3651 Collins Avenue, Miami Beach. The sale price for the condo was $7,650,000. The asset has a total square footage of 3,783, which translates to a price per square foot of $2,022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,650,000
- Square Footage: 3,783
- Price Per Square Foot: $2,022
- Address: 3651 Collins Avenue, Miami Beach
- Buyer's Representative: Jordan Karp - Jordan Karp LLC
- Seller's Representatives: Jill Hertzberg & Judy Zeder - The Jills Zeder Group - Coldwell Banker
This transaction involved key representatives in the real estate market, with Jordan Karp representing the buyer, while Jill Hertzberg and Judy Zeder represented the seller on this deal. Their affiliations with established agencies highlight the professional landscape of the property transaction.
On the Map
$7,650,000
$2,022/SF
Condo
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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
2.07%
Cash-on-Cash
-0.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93