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
About this deal
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.
On the Map
$4,300,000
$2,025/SF
Condo
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Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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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