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5500 Collins Avenue

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

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

Bonnie Heatzig

Compass

Broker

$65.2M

vol

5 deals

Broker
Compass
CompassBrokerage

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