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Mendel Fellig Acquires St. Regis Bal Harbour Condo For $9M

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SOLD
$9,000,000

Florida

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Condo3,556 SF
Sold 04/05/2022
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Property Image
SOLD

Mendel Fellig Acquires St. Regis Bal Harbour Condo For $9M

9701 Collins Avenue, Bal Harbour, Florida 33154, United States

See Similar Deals
Condo3,556 SF
Sold 04/05/2022
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,530
Total Square Footage:3,556 SF
Transaction Type:Sale

A luxury condo located at 9701 Collins Ave 2303S in St. Regis Bal Harbour, Miami Beach has been sold for $9,000,000. The property spans 3,556 square feet, resulting in a price per square foot of $2,531. This transaction took place on April 5, 2022.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $9,000,000
  • Square Footage: 3,556
  • Price per Square Foot: $2,531
  • Address: 9701 Collins Ave 2303S, Miami Beach
  • Market: St. Regis Bal Harbour

The buyer was represented by Mendel Fellig from Compass, while the seller was represented by Daniel Silverstein and Steven Landau from Silmar Realty.

Players

Steven Landau
4 deals$27.9M volume
BROKER

Daniel Silverstein
Silmar Realty
3 deals$25.7M volume
BROKER

Details

SOLD
IMAGE: Mendel Fellig, Daniel Silverstein & Steven Landau DATE: 04/05/2022 ADDRESS: 9701 Collins Ave 2303S MARKET: St. Regis Bal Harbour, Miami Beach ASSET TYPE: Condo BUYER'S REP: Mendel Fellig (@MendelFelligGroup) - Compass SELLER'S REP: Daniel Silverstein (@DanielLSilverstein) & Steven Landau (@Steven_Landau) - Silmar Realty (@SilmarRealty) SALE PRICE: $9,000,000 SF: 3,556 ~ PPSF: $2,531

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$31,975.10
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