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Dennis John Hawk And Beth Elise Hawk Purchase Condo From David Fortunoff For $1.93M In Miami Beach

Property Image
SOLD
$1,930,000

Florida

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Condo2,868 SF
Sold 06/05/2025
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Property Image
SOLD

Dennis John Hawk And Beth Elise Hawk Purchase Condo From David Fortunoff For $1.93M In Miami Beach

5500 Collins Avenue

See Similar Deals
Condo2,868 SF
Sold 06/05/2025
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$672
Total Square Footage:2,868 SF
Transaction Type:Sale

The property asset involved in this transaction is a condo located at 5500 Collins Avenue Unit 1704 in the Miami Beach market. The sale price of the property was $1,930,000, with a total square footage of 2,868 and a price per square foot of $672.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $1,930,000
  • Address: 5500 Collins Avenue Unit 1704
  • Market: Miami Beach
  • Square Footage: 2,868
  • Price Per Square Foot: $672
  • Buyer: Dennis John Hawk & Beth Elise Hawk
  • Seller: David Fortunoff
  • Buyer's Representative: Anisa Brooks - Align Right Realty K1 Group
  • Seller's Representatives: Bonnie Heatzig & Jordan Todd - Compass

This transaction featured buyer representatives Anisa Brooks, associated with Align Right Realty K1 Group, while the seller was represented by Bonnie Heatzig and Jordan Todd from Compass. The deal reflects the professional engagement of key players in the real estate sector, facilitating the exchange between the buyer, Dennis John Hawk and Beth Elise Hawk, and seller David Fortunoff.

Players

Bonnie Heatzig
5 deals$65.2M volume
BROKER

Jordan Todd
Compass
1 deal$1.9M volume(561) 239-6145
BROKER

Anisa Brooks
1 deal$1.9M volume(404) 551-0837
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: Bonnie Heatzig, Jordan Todd & Anisa Brooks DATE: 6/6/2025 ADDRESS: 5500 Collins Avenue Unit 1704 MARKET: Miami Beach ASSET TYPE: Condo BUYER: Dennis John Hawk & Beth Elise Hawk SELLER: David Fortunoff BUYER'S REP: Anisa Brooks (@AnisaBrooksrealty) - Align Right Realty K1 Group SELLER'S REP: Bonnie Heatzig (@BonnieHeatzig) & Jordan Todd (@JordanToddrealtor) - Compass (@Compass) SALE PRICE: $1,930,000 SF: 2,868 ~ PPSF: $672

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$102,933.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$6,856.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,149.18
Annual Debt Service$109,790.22