Allen Davoudpour Sells Bal Harbour Condo For $3.2M Through Compass
SOLD
$3,200,000
Florida
See Similar DealsCondo2,160 SF
Sold 06/24/2024
SOLD
Allen Davoudpour Sells Bal Harbour Condo For $3.2M Through Compass
9601 Collins Avenue
See Similar DealsCondo2,160 SF
Sold 06/24/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,481
Total Square Footage:2,160 SF
Transaction Type:Sale
The Condo located at 9601 Collins Avenue in Bal Harbour was sold for $3,200,000. The property spans 2,160 square feet, resulting in a price per square foot of $1,481.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,200,000
- Address: 9601 Collins Avenue
- Market: Bal Harbour
- Broker: Allen Davoudpour - Compass
- Broker's Contact: m: 917.279.7925, [email protected]
Allen Davoudpour, a Real Estate Advisor specializing in Surfside, Bal Harbour & Bay Harbor Communities, was the broker for this transaction. He has a significant track record, having sold over half a billion dollars in real estate and is rated as a top 1% agent nationwide.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$170,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,368.93
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,169.63
Annual Debt Service$182,035.59
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