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4775 Collins Avenue

Green Diamond Condo In Miami Beach Sells For $7.325M Through Brown Harris Stevens
SOLDCondo

Green Diamond Condo In Miami Beach Sells For $7.325M Through Brown Harris Stevens

4775 Collins Avenue

$7,325,000

$2,743/SF

Building Size

2,670 SF

Asset Type

Condo

Closing

Apr 9, 2024

AI

Located at 4775 Collins Avenue Tower Suite 4404 in Miami Beach, this condo was recently sold for $7,325,000. The property spans 2,670 square feet with a price per square foot of $2,743. The sale was facilitated by Laura Curson of The Curson Group, along with Claudia Whitechurch and Natasha Gaguine of The Claudia Whitechurch Team.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,325,000
  • Buyer's Rep: Seth Cohen - Brown Harris Stevens
  • Seller's Rep: Laura Curson - The Curson Group, Claudia Whitechurch, Mia Curson, and Natasha Gaguine - The Claudia Whitechurch Team
  • Asking Price: $8,000,000
  • Square Footage: 2,670

The record-breaking sale of Tower Suite 4404 at Green Diamond was made possible through the expertise of Laura Curson from The Curson Group and Claudia Whitechurch from The Claudia Whitechurch Team.

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

2.17%

Cash-on-Cash

-0.62%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93