Leonor Ortiz Of Compass Represents Buyer In Sale Of Condo At 9703 Collins Ave For $7.5M
9703 Collins Avenue
$7,500,000
$2,697/SF
Building Size
2,780 SF
Asset Type
Condo
Closing
May 26, 2025
About this deal
AI
A condo located at 9703 Collins Ave, Bal Harbour, FL was involved in a recent sale. The transaction amounted to $7,500,000, covering an area of 2,720 square feet, which breaks down to a price per square foot of $2,757.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $7,500,000
- Sale Date: 5/27/2025
- Square Feet: 2,720
- Price Per Square Foot: $2,757
- Address: 9703 Collins Ave Bal Harbour, FL
The buyer was represented by Leonor Ortiz from Compass, while Joelle Oiknine from Sotheby's International Realty represented the seller in this transaction.
On the Map
$7,500,000
$2,697/SF
Condo
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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
2.12%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93