Jon Kotler & Mendel Fellig Facilitate $7.5M Condo Sale In Bal Harbour
9701 Collins Ave #2302 N Bal Harbour, FL 33154, USA
$7,500,000
$2,139/SF
Building Size
3,505 SF
Asset Type
Condo
Closing
Aug 27, 2023
About this deal
AI
A luxury condominium at 9701 Collins Avenue in Bal Harbour has been sold for $7,500,000. The property spans 3,505 square feet, resulting in a price per square foot of $2,140.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $7,500,000
- Square Footage: 3,505
- Price Per Square Foot: $2,140
- Address: 9701 Collins Avenue, Bal Harbour
The buyer's representative in this deal was Jon Kotler from Keller Williams, while the seller's representative was Mendel Fellig from Compass.
The condo sale at 9701 Collins Ave #2302 N Bal Harbour, FL 33154, USA in Bal Harbour, Florida sold for $7.5M in 2023. The building is 3,505 square feet, implying about 2.1K per square foot on the published price. Mendel Fellig, Jon Kotler, Compass, Keller Williams Realty appear on the sale alongside Compass, Keller Williams Realty. This page is the Bal Harbour, Florida file for the 9701 Collins Ave #2302 N Bal Harbour, FL 33154, USA condo sold: pricing, party profiles, and other closed condo comps from the same Bal Harbour sit in the Market section below. Filter that Bal Harbour condo set by closing date to see what else sold near 9701 Collins Ave #2302 N Bal Harbour, FL 33154, USA around 2023. Published consideration for 9701 Collins Ave #2302 N Bal Harbour, FL 33154, USA is $7.5M, dated 2023. Cite this Jon Kotler & Mendel Fellig Facilitate $7.5M Condo Sale In Bal Harbour sale when underwriting similar condo product around Bal Harbour, Florida.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93