Multiplan REAM Sells Condo At 9317 Collins Avenue In Surfside For $5.2M With Broker Yotam Dahan
9317 Collins Avenue
$5,200,000
$2,484/SF
Building Size
2,093 SF
Asset Type
Condo
Closing
Mar 10, 2025
AI
The property asset involved in the transaction is a condo located at 9317 Collins Avenue Unit 402 in Surfside. The sale price for the condo was $5,200,000, which equates to a total square footage of 2,093 and a price per square foot of $2,484.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,200,000
- Address: 9317 Collins Avenue Unit 402
- Market: Surfside
- Seller: Multiplan REAM
- Broker: Yotam Dahan - The Agency
- Square Footage: 2,093
- Price per Square Foot: $2,484
- Note from Broker: New development: Ocean House
The key individuals involved in the deal include Yotam Dahan, representing The Agency. He facilitated the closing transaction for the seller, Multiplan REAM, ensuring the deal was completed effectively.
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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93