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9703 Collins Avenue

BRG International And Douglas Elliman Brokers Facilitate $4.3M Condo Sale In Bal Harbour
SOLDCondo

BRG International And Douglas Elliman Brokers Facilitate $4.3M Condo Sale In Bal Harbour

9703 Collins Avenue

$4,300,000

$2,025/SF

Building Size

2,123 SF

Asset Type

Condo

Closing

Dec 6, 2023

AI

A condo located at 9703 Collins Avenue in Bal Harbour has been sold in a recent transaction. The property spans 2,123 square feet and was sold for a price of $4,300,000, resulting in a price per square foot of $2,025.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,300,000
  • Address: 9703 Collins Avenue, Bal Harbour
  • Square Footage: 2,123
  • Price per Square Foot: $2,025

Matias Alem and Sergio Balinotti from BRG International represented the buyer in this transaction, while Dustin Nero and Darin Tansey from Douglas Elliman represented the seller.

Players

Darin Tansey

Douglas Elliman

Broker

$68.2M

vol

8 deals

Broker

Bal Harbour Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.69%

Cash-on-Cash

-1.05%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93