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8800 Collins Avenue

Surf Row Residences Sells Condo At 8800 Collins Avenue In Surfside For $3.84M
SOLDCondo

Surf Row Residences Sells Condo At 8800 Collins Avenue In Surfside For $3.84M

8800 Collins Avenue

$3,844,000

$2,285/SF

Building Size

1,682 SF

Asset Type

Condo

Closing

Apr 29, 2025

AI

The property asset involved in this transaction is a condo located at 8800 Collins Avenue in Surfside. The sale price of the condo was $3,844,000, and it features 1,682 square feet, resulting in a price per square foot of $2,285.

Summary of transaction details:

The deal was facilitated by brokers Lisa Snider and Chelsea Werner, who represent Surf Row Residences in this transaction. Surf Row Residences is comprised of a collection of 24 bespoke one- to three-bedroom residences tailored for elevated design and relaxation. The condos include features such as open-concept interiors, chef-inspired kitchens, and spa-like bathrooms, along with the option for owners to customize their residences with curated furnishings by RH.

Players

Lisa Snider

One Sotheby’s International Realty

Broker

$7.1M

vol

2 deals

Broker
SR
Surf Row ResidencesSeller

Surfside Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.13%

Cash-on-Cash

-1.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93