Arthur Weissman Purchases Condo At 5500 Collins Avenue Unit 1104 For $2,025,000 With Brokers
5500 Collins Avenue
$2,025,000
$706/SF
Building Size
2,868 SF
Asset Type
Condo
Closing
Apr 12, 2026
About this deal
AI
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.
On the Map
$2,025,000
$706/SF
Condo
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Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $706 per square foot on a published $2M for 2,868 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93