Fuat Onur Peker Acquires Miami Beach Condo For $4.575M
6899 Collins Avenue, Miami Beach, Florida 33141-0000, United States
$4,575,000
$1,525,000/SF
Building Size
3 SF
Asset Type
Condo
Closing
Jan 23, 2023
About this deal
AI
The property involved in this closed transaction is a condo located at 6899 Collins Ave in Miami Beach, FL. The condo has a total square footage of 3,555. The transaction took place on January 23, 2023. The property was sold for a price of $4,575,000. The price per square foot for the condo is $1,286.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,575,000
- Address: 6899 Collins Ave, Miami Beach, FL
- Sale Date: January 23, 2023
- Buyer: Fuat Onur Peker
- Seller: Nora E Delgado & Loren Z Loverde
- BSF: 3,555
- PPBSF: $1,286
In this transaction, the buyer of the condo is Fuat Onur Peker, while Nora E Delgado & Loren Z Loverde are the sellers.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.5M per square foot on a published $4.6M for 3 square feet (2023).
Browse Florida condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.47%
Cash-on-Cash
-0.99%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93