Matias Alem, Christina Alem, And Steven Pesso Acquire Surfside Condo For $9.3M
9349 Collins Avenue
$9,300,000
$2,266/SF
Building Size
4,103 SF
Asset Type
Condo
Closing
Nov 17, 2021
AI
An apartment located at 9349 Collins Ave Apt 901 in Surfside has recently been sold. The property is a condo with a total square footage of 4,103. It was listed for sale with an asking price of $9,880,000. The sale was closed on 11/17/2021, with a final sale price of $9,300,000. The price per square foot of the property was calculated to be $2,267. The total square footage of the property is 5,510.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,300,000
- Asking Price: $9,880,000
- Sale Date: 11/17/2021
- Address: 9349 Collins Ave Apt 901
- Market: Surfside
- Total Square Footage: 5,510
- Price per Square Foot: $2,267
The sale of the property was facilitated by the brokers involved in the deal. Matias Alem and Christina Alem from BRG International, along with Steven Pesso from United Realty Group Inc, represented the parties in this transaction.
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
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93