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:
- Property Type: Condo
- Transaction Amount: $3,844,000
- Address: 8800 Collins Avenue
- Market: Surfside
- Square Footage: 1,682
- Price per Square Foot: $2,285
- Seller: Surf Row Residences
- Brokers: Lisa Snider & Chelsea Werner - One Sotheby’s International Realty
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
Surfside 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
4.13%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93