Yaffé International Realty Represents Buyer In $3.25M Bal Harbour Condo Sale
9705 Collins Ave #1404
$3,250,000
$1,928/SF
Building Size
1,685 SF
Asset Type
Condo
Closing
Aug 11, 2022
AI
A condo located at 9705 Collins Ave in Bal Harbour has been sold for $3,250,000. The property has a total square footage of 1,685, resulting in a price per square foot of $1,929. The transaction took place on August 11, 2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,250,000
- Address: 9705 Collins Ave, Bal Harbour
- Square Footage: 1,685
- Price per Square Foot: $1,929
The buyer was represented by José Lima from Yaffé International Realty. On the other side of the deal, Matias Alem and Sergio Balinotti from BRG International acted as the seller's representatives.
Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.88%
Cash-on-Cash
-1.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93