Carlo Dipasquale And Laura Steinbruckner Represent Buyers In $4.45M Miami Beach Condo Sale
5959 Collins Avenue
$4,450,000
$1,503/SF
Building Size
2,959 SF
Asset Type
Condo
Closing
Jan 29, 2026
About this deal
AI
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.
On the Map
$4,450,000
$1,503/SF
Condo
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Miami Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93