Carlo Dipasquale And Laura Steinbruckner Represent Buyers In $4.45M Miami Beach Condo Sale
SOLD
$4,450,000
Florida
See Similar DealsCondo2,959 SF
Sold 01/30/2026
SOLD
Carlo Dipasquale And Laura Steinbruckner Represent Buyers In $4.45M Miami Beach Condo Sale
5959 Collins Avenue
See Similar DealsCondo2,959 SF
Sold 01/30/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,503
Total Square Footage:2,959 SF
Transaction Type:Sale
A condo located at 5959 Collins Avenue Unit 1007 in Miami Beach has been sold for $4,450,000. The property encompasses a living area of 2,959 square feet, resulting in a price per square foot of approximately $1,503.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,450,000
- Address: 5959 Collins Avenue Unit 1007
- Market: Miami Beach
- Square Footage: 2,959
- Price per Square Foot: $1,503
- Buyer's Representative: Carlo Dipasquale - Compass
- Buyer's Representative: Laura Steinbruckner - Million Realty LLC
- Seller's Representative: Matthew McMillan - Coldwell Banker
The transaction involved Carlo Dipasquale and Laura Steinbruckner representing the buyer, while the seller was represented by Matthew McMillan. Each representative brings distinct market expertise to the deal, working through their respective agencies to finalize the sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$237,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,809.92
Cash-on-Cash Return-1.27%
Monthly Debt Service$21,095.27
Annual Debt Service$253,143.24
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