Lindsay Levert & Maria Marta Calderon Buy Penthouse In Sunny Isles Beach For $33 Million
17975 Collins Avenue
$33,000,000
$3,725/SF
Building Size
8,858 SF
Asset Type
Condo
Closing
Sep 7, 2026
About this deal
AI
An affiliate of Trump Group sold a penthouse at Estates at Acqualina, located at 17975 Collins Avenue Penthouse N 52 in Sunny Isles Beach, FL. The condo spans 8,858 square feet and has six bedrooms. It was sold for $33 million, which equates to a price per square foot of $3,725. The property was initially listed at $35 million.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $33,000,000
- Buyer: Lindsay Levert & Maria Marta Calderon - Acquilina 26 LLC
- Seller: Jules Trump & Eddie Trump - Trump Group
- Lender: Morgan Stanley
- Mortgage Amount: $20,500,000
- Market: Sunny Isles Beach, FL
The transaction marked a record for the luxury development, which is comprised of 232 units situated along the oceanfront. The high-end sale reflects ongoing demand in the market for luxury properties.
Players
Leonardtown Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.48%
Cash-on-Cash
-0.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93