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9703 Collins Avenue

Leonor Ortiz Of Compass Represents Buyer In Sale Of Condo At 9703 Collins Ave For $7.5M
SOLDCondo

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

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.

Players

Joelle Oiknine

Sotheby's International Realty

Broker

$99.8M

vol

8 deals

Broker

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