BRG International Acquires Condo In Bal Harbour For $3.8M
9705 Collins Ave Unit 2505N, Bal Harbour, FL 33154
$3,800,000
$2,138/SF
Building Size
1,777 SF
Asset Type
Condo
Closing
Jun 30, 2023
AI
The recently sold property at 9705 Collins Avenue in Bal Harbour is a luxurious condo. The property was sold on June 30, 2023, for a price of $3,800,000. It features a total area of 1,777 square feet, resulting in a price per square foot of $2,138.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,800,000
- Address: 9705 Collins Avenue, Bal Harbour
- Square Footage: 1,777 sq ft
- Price per Square Foot: $2,138
The broker handling the sale of this condo was Sergio Balinotti from BRG International. Sergio Balinotti served as the representative of the buyer or seller in this transaction, ensuring a smooth and successful deal.
Miami 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93