Dan Avital Represents Buyer In Sale Of Condo At 9703 Collins Avenue For $2.45M
9703 Collins Avenue
$2,450,000
$1,946/SF
Building Size
1,259 SF
Asset Type
Condo
Closing
Apr 17, 2025
AI
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
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
6.47%
Cash-on-Cash
-1.85%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93