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9317 Collins Avenue

Multiplan REAM Sells Condo At 9317 Collins Avenue In Surfside For $5.2M With Broker Yotam Dahan
SOLDCondo

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

Yotam Dahan

The Agency

Broker

$13.2M

vol

2 deals

Broker

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