Tasabbur Hasan Acquires Condo In Miami Beach For $3.25M
4779 Collins Ave Miami Beach, FL 33140, USA
$3,250,000
$1,692/SF
Building Size
1,920 SF
Asset Type
Condo
Closing
Aug 7, 2023
AI
A two-bedroom condo located at 4779 Collins Avenue in Miami Beach has been sold for a record-breaking price of $3,250,000. The condo spans across 1,920 square feet, resulting in a price per square foot of $1,693. This sale sets a new benchmark for two-bedroom units in the building.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,250,000
- Address: 4779 Collins Avenue, Miami Beach
- Market: Miami Beach
The buyer of this remarkable condo is Tasabbur Hasan, while the seller is Fabio Massaro. The transaction was facilitated by Piero Ruggeri and Claudio Bagliani, who represented Cosmore Real Estate as brokers in the deal.
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
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93