Dennis John Hawk And Beth Elise Hawk Purchase Condo From David Fortunoff For $1.93M In Miami Beach
5500 Collins Avenue
$1,930,000
$672/SF
Building Size
2,868 SF
Asset Type
Condo
Closing
Jun 5, 2025
AI
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
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
8.22%
Cash-on-Cash
-2.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93