Compass Represents Buyer In $3.5M Bal Harbour Condo Sale
SOLD
$3,500,000
Florida
See Similar DealsCondo1,777 SF
Sold 02/29/2024
SOLD
Compass Represents Buyer In $3.5M Bal Harbour Condo Sale
9701 Collins Avenue
See Similar DealsCondo1,777 SF
Sold 02/29/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,969
Total Square Footage:1,777 SF
Transaction Type:Sale
The property involved in the transaction is a condo located at 9701 Collins Avenue, S in Bal Harbour. The condo spans 1,777 square feet and was sold for $3,500,000, equating to a price per square foot of $1,970.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,500,000
- Address: 9701 Collins Avenue, S
- Market: Bal Harbour
Allen Davoudpour from Compass served as the buyer's representative, while Matias Alem and Sergio Balinotti from BRG International represented the sellers in the deal.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
Is there something missing? Send suggestions