BRG International Sells Bal Harbour Condo Unit For $2.9M
9701 Collins Avenue, Bal Harbour, FL 33154, USA
$2,900,000
$1,812/SF
Building Size
1,600 SF
Asset Type
Condo
Closing
Oct 22, 2021
About this deal
AI
The property involved in this transaction is a condo located at 9701 Collins Avenue, Unit 1405N in Bal Harbour. The condo has a total area of 1,600 square feet. The asking price for the property was $3,350,000, and it was sold for $2,900,000, resulting in a price per square foot of $1,813.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,900,000
- Address: 9701 Collins Avenue, Unit 1405N
- Market: Bal Harbour
- Asking Price: $3,350,000
- Square Footage: 1,600
Sergio Ballinoti from BRG International represented the buyer in this transaction. However, the seller's representative is not mentioned in the available information.
Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.8K per square foot on a published $2.9M for 1,600 square feet (2021).
Browse Florida condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93