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
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