SF Assets LLC Acquires Surfside Condo For $21M, Represented By Mark Kurkin - Beachfront Realty
9001 Collins Avenue
$21,000,000
$5,250/SF
Building Size
4,000 SF
Asset Type
Condo
Closing
Dec 12, 2022
AI
A 4,000-square-foot condominium unit located at 9001 Collins Avenue Unit S607 in Surfside has been sold for a record-breaking price of $21,000,000. The sale was completed on 12/12/2022. The property, listed by Nancy Batchelor, features stunning ocean views and is situated in a highly desirable location.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $21,000,000
- Address: 9001 Collins Avenue Unit S607
- Market: Surfside
The buyer, SF Assets LLC, acquired the property from the seller, Michael George. Mark Kurkin from Beachfront Realty represented the buyer in the transaction, while Nancy Batchelor from Compass represented the seller. This significant sale demonstrates the strong demand for luxury real estate in the Surfside market.
Players
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
0.76%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93