facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

9001 Collins Avenue, Surfsi...

ONE Sotheby's International Realty Facilitates $8.7M Sale Of Surfside Condo On Collins Ave
SOLDCondo

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

Jacqueline Dickstein

Broker

$15M

vol

2 deals

Broker

Surfside Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

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