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
About this deal
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
Surfside Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $3.1K per square foot on a published $13.2M for 4,232 square feet (2022).
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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