ONE Sotheby's International Realty Facilitates $8.7M Sale Of Surfside Condo On Collins Ave
9001 Collins Avenue, Surfside, FL, USA
$8,700,000
$3,952/SF
Building Size
2,201 SF
Asset Type
Condo
Closing
Apr 26, 2021
AI
A condo located at 9001 Collins Ave in Surfside has been sold in a recent transaction. The property, spanning 2,201 square feet, was sold for a price of $8,700,000. The condo features luxury amenities and is situated in a desirable location.
Summary of transaction details
- Property Type: Condo
- Sale Price: $8,700,000
- Square Footage: 2,201
- Address: 9001 Collins Ave, Surfside
The deal was facilitated by Jacqueline Dickstein, who represented the buyer in the transaction. The seller's representation was handled by Joelle Oiknine and Stephanie Mermell of ONE Sotheby's International Realty. The asking price for the condo was $8,950,000. The sale price ultimately reached was $8,700,000, indicating successful negotiations.
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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93