Jose & Mary Gilibert Sell Condo At 9999 Collins Avenue For $5.25M With Leonor Ortiz And Morgane Gugenheim
9999 Collins Avenue
$5,250,000
$1,000/SF
Building Size
5,250 SF
Asset Type
Condo
Closing
Sep 3, 2024
AI
The property asset involved in this transaction is a condo located at 9999 Collins Avenue Unit 19D in the Bal Harbour market. The sale price of the condo was $5,250,000, with a square footage of 5,250, resulting in a price per square foot of $1,000.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,250,000
- Address: 9999 Collins Avenue Unit 19D
- Market: Bal Harbour
- Square Footage: 5,250
- Price per Square Foot: $1,000
- Seller: Jose & Mary Gilibert
- Buyer's Representative: Morgane Gugenheim - Florida Realty Of Miami Corp
- Seller's Representative: Leonor Ortiz - Compass
The individuals involved in this transaction include seller representatives Leonor Ortiz from Compass and Morgane Gugenheim from Florida Realty Of Miami Corp, who represented the buyer in this deal.
Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.02%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93