Yaffé International Realty Represents Buyer In $3.25M Bal Harbour Condo Sale
SOLD
Florida
See Similar DealsCondo1,685 SF
Sold 08/11/2022
SOLD
Yaffé International Realty Represents Buyer In $3.25M Bal Harbour Condo Sale
9705 Collins Ave #1404
See Similar DealsCondo1,685 SF
Sold 08/11/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,928
Total Square Footage:1,685 SF
Transaction Type:Sale
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.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$173,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,546.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,406.66
Annual Debt Service$184,879.90
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