Jessica Sonino & Joseph Bograd Represent Buyer In $4.7M Parque Towers Condo Sale In Sunny Isles Beach
SOLD
$4,700,000
Florida
See Similar DealsCondo4,650 SF
Sold 07/08/2025
SOLD
Jessica Sonino & Joseph Bograd Represent Buyer In $4.7M Parque Towers Condo Sale In Sunny Isles Beach
300 Northeast 163rd Street
See Similar DealsCondo4,650 SF
Sold 07/08/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,010
Total Square Footage:4,650 SF
Transaction Type:Sale
The asset involved in this transaction is a condo located at 300 Sunny Isles Blvd - Parque Towers Condo in Sunny Isles Beach. The property was sold for a price of $4,700,000, encompassing a square footage of 4,650, which results in a price per square foot of $1,010.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,700,000
- Address: 300 Sunny Isles Blvd - Parque Towers Condo
- Market: Sunny Isles Beach
- Square Footage: 4,650
- Price per Square Foot: $1,010
The buyers were represented by Jessica Sonino and Joseph Bograd from LoKation® Real Estate, indicating the professional representation involved in this real estate transaction.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$250,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,698.10
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,280.40
Annual Debt Service$267,364.77
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