David Oved Acquires Condo At 9703 Collins Avenue In Bal Harbour For $4 Million
9703 Collins Avenue
$4,000,000
$1,884/SF
Building Size
2,123 SF
Asset Type
Condo
Closing
Aug 19, 2026
About this deal
AI
A condominium located at 9703 Collins Avenue, unit PH 07, in Bal Harbour has been sold for $4 million. The asset measures 2,123 square feet, resulting in a price per square foot of $1,884. The transaction took place on August 19, 2026.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $4,000,000
- Address: 9703 Collins Avenue 07
- Market: Bal Harbour
- Buyer: David Oved
- Seller: Daniel Araf
- Square Footage: 2,123
- Price per Square Foot: $1,884
David Oved acquired the penthouse unit from Daniel Araf, completing the transaction successfully on the noted date. This sale highlights the involvement of two key individuals in the real estate market of Bal Harbour.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
About $1.9K per square foot on a published $4M for 2,123 square feet (2026).
Browse Miami condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93