Robert Elias Purchases Condo At 9703 Collins Avenue In Bal Harbour For $6.25M With Dora Puig As Buyer's Rep
9703 Collins Avenue
$6,250,000
$2,296/SF
Building Size
2,721 SF
Asset Type
Condo
Closing
Oct 1, 2026
About this deal
AI
The asset involved in this transaction is a condo located at 9703 Collins Avenue Unit 600 in the Bal Harbour market. It has a sale price of $6,250,000 and features a total square footage of 2,721, resulting in a price per square foot of $2,296.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,250,000
- Square Footage: 2,721
- Price per Square Foot: $2,296
- Buyer: Robert Elias
- Seller: Joachim Hertel
- Buyer's Representative: Dora Puig - Luxe Living Realty
- Seller's Representative: Omer Cohen - Beachfront Realty
The transaction highlighted the roles of key representatives in the real estate deal. Dora Puig from Luxe Living Realty represented the buyer, Robert Elias, while Omer Cohen from Beachfront Realty represented the seller, Joachim Hertel.
On the Map
$6,250,000
$2,296/SF
Condo
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Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $2.3K per square foot on a published $6.3M for 2,721 square feet (2026).
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Browse Bal Harbour condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.54%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93