Eric Broad Of The Corcoran Group Represents Buyer In Sale Of Sunny Isles Beach Condo For $1.7M
SOLD
$1,700,000
Florida
See Similar DealsCondo2,084 SF
Sold 04/20/2026
SOLD
Eric Broad Of The Corcoran Group Represents Buyer In Sale Of Sunny Isles Beach Condo For $1.7M
15811 Collins Avenue
See Similar DealsCondo2,084 SF
Sold 04/20/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$815
Total Square Footage:2,084 SF
Transaction Type:Sale
The property asset involved in this transaction is a condo located at 15811 Collins Avenue Unit 3707 in Sunny Isles Beach. The sale price of the property was $1,700,000, and it encompasses 2,084 square feet with a price per square foot of $815.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,700,000
- Square Footage: 2,084
- Price per Square Foot: $815
- Address: 15811 Collins Avenue Unit 3707
- Market: Sunny Isles Beach
- Buyer's Representative: Eric Broad - The Corcoran Group
The deal was facilitated by Eric Broad, who represents the buyer, lending his expertise through The Corcoran Group in completing the transaction successfully.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$90,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$6,039.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$8,058.87
Annual Debt Service$96,706.41
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