Arthur Weissman Purchases Condo At 5500 Collins Avenue Unit 1104 For $2,025,000 With Brokers
SOLD
$2,025,000
Florida
See Similar DealsCondo2,868 SF
Sold 04/13/2026
SOLD
Arthur Weissman Purchases Condo At 5500 Collins Avenue Unit 1104 For $2,025,000 With Brokers
5500 Collins Avenue
See Similar DealsCondo2,868 SF
Sold 04/13/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$706
Total Square Footage:2,868 SF
Transaction Type:Sale
A condo located at 5500 Collins Avenue Unit 1104 in Miami Beach was sold for $2,025,000. This property spans 2,868 square feet, resulting in a price per square foot of $706.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,025,000
- Address: 5500 Collins Avenue Unit 1104
- Market: Miami Beach
- Square Footage: 2,868
- Price per Square Foot: $706
- Buyer: Arthur Weissman
- Seller: Michael Chazen
- Buyer's Representative: Jordan Karp - Jordan Karp LLC
- Seller's Representative: Gabriela Dajer Gonzalez - Sotheby's International Realty
This transaction featured Arthur Weissman as the buyer, with Michael Chazen as the seller. The buyer was represented by Jordan Karp from Jordan Karp LLC, while Gabriela Dajer Gonzalez from Sotheby's International Realty represented the seller in this deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$108,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,194.40
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,599.53
Annual Debt Service$115,194.40
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