Alyssa Morgan Of ONE Sotheby's International Realty Represents Sale Of Miami Beach Condo For $3.4M
5875 Collins Avenue, Miami Beach, Florida 33140, United States
$3,400,000
$1,971/SF
Building Size
1,725 SF
Asset Type
Condo
Closing
Aug 19, 2022
About this deal
AI
The property involved in this transaction is a condo located at 5875 Collins Ave Apt 1602 in Miami Beach. It was sold on 08/19/2022. The condo has a total area of 1,725 square feet and a price per square foot of $1,971. The sale price for this condo was $3,400,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,400,000
- Market: Miami Beach
- Asset Type: Condo
The buyer in this transaction is Sebastian Woj, while the seller is Peter Marshall. The broker representing them in this deal is Alyssa Morgan from ONE Sotheby's International Realty.
On the Map
$3,400,000
$1,971/SF
Condo
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Miami Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93