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8955 Collins Ave Unit 601 -...

Luxury Condo In Surfside Sold For $13.2M With Brokers Dora Puig & Patrick Vysata - Luxe Living Realty; Luis Gonell - Compass
SOLDCondo

Luxury Condo In Surfside Sold For $13.2M With Brokers Dora Puig & Patrick Vysata - Luxe Living Realty; Luis Gonell - Compass

8955 Collins Ave Unit 601 - Arte,Surfside,Florida

$13,225,000

$3,125/SF

Building Size

4,232 SF

Asset Type

Condo

Closing

Mar 31, 2022

AI

This luxurious condo located at 8955 Collins Ave Unit 601 in Surfside has recently been sold for an impressive price of $13,225,000. The property offers a spacious 4,232 square feet of living space, resulting in a price per square foot of $3,125.

Summary of Transaction Details:

  • Property Type: Condo
  • Transaction Amount: $13,225,000
  • Address: 8955 Collins Ave Unit 601, Surfside
  • Market: Surfside

This notable transaction was facilitated by the esteemed real estate professionals: Dora Puig and Patrick Vysata from Luxe Living Realty, along with Luis Gonell from Compass. Their expertise and dedication undoubtedly played a crucial role in the successful completion of this deal.

Players

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker

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

1.20%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93