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Dan Avital Represents Buyer In Sale Of Condo At 9703 Collins Avenue For $2.45M

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SOLD
$2,450,000

Florida

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Condo1,259 SF
Sold 04/18/2025
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Property Image
SOLD

Dan Avital Represents Buyer In Sale Of Condo At 9703 Collins Avenue For $2.45M

9703 Collins Avenue

See Similar Deals
Condo1,259 SF
Sold 04/18/2025
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,946
Total Square Footage:1,259 SF
Transaction Type:Sale

A condo located at 9703 Collins Avenue Unit 505 in Bal Harbour has been sold for $2,450,000. The unit encompasses a total of 1,259 square feet, resulting in a price per square foot of $1,945. This particular residence is privately managed by Stay Rente Management and is not part of the hotel program.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $2,450,000
  • Square Footage: 1,259
  • Price Per Square Foot: $1,945
  • Address: 9703 Collins Avenue Unit 505
  • Market: Bal Harbour
  • Buyer's Representative: Dan Avital
  • Seller's Representative: Allen Davoudpour - Compass

Dan Avital represented the buyer in this transaction while Allen Davoudpour, part of the Davoudpour Team, represented the seller. The team specializes in high-end properties across South Florida, catering to both new buyers and investors.

Players

Allen Davoudpour
7 deals$22M volume
BROKER

Details

SOLD
IMAGE: Dan Avital & Allen Davoudpour DATE: 4/18/2025 ADDRESS: 9703 Collins Avenue Unit 505 MARKET: Bal Harbour ASSET TYPE: Condo BUYER'S REP: Dan Avital (@DanAvital7) SELLER'S REP: Allen Davoudpour (@AllenDavoudpour) - Compass (@Compass) SALE PRICE: $2,450,000 SF: 1,259 ~ PPSF: $1,945 NOTE FROM BROKER: Another deal closed at the iconic St. Regis Bal Harbour. Dan Avital and Allen Davoudpour represented both buyer and seller in the transaction. This particular residence was not part of the hotel program and is privately managed by Stay Rente Management. The Davoudpour Team specializes in high-end properties across South Florida, working with new buyers and investors alike.

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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)-$8,704.33
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