Dina Goldentayer Acquires Miami Beach Condo For $12.9M
8955 Collins Avenue
$12,950,000
$2,497/SF
Building Size
5,186 SF
Asset Type
Condo
Closing
May 5, 2021
About this deal
AI
The property involved in this closed transaction is a condo located at 8955 Collins Ave in Miami Beach. The condo has a total square footage of 5,186. The sale price for this property was $12,950,000, with a price per square foot of $2,497.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $12,950,000
- Address: 8955 Collins Ave, Miami Beach
- Market: Miami Beach
- Developer: The Sapir Organization & Giovanni Fasciano
- Buyer's Representative: Dina Goldentayer - Douglas Elliman Florida
- Seller's Representative: Miltiadis Kastanis - Douglas Elliman
The deal's key individuals and companies involved in this transaction include Dina Goldentayer from Douglas Elliman Florida, serving as the buyer's representative, and Miltiadis Kastanis from Douglas Elliman, serving as the seller's representative. The developer of the property is The Sapir Organization and Giovanni Fasciano.
Surfside Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.5K per square foot on a published $13M for 5,186 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93