Michele Redlich Of Coldwell Banker Represents Buyer In $6.7M Bal Harbour Condo Sale
9705 Collins Avenue
$6,700,000
$2,141/SF
Building Size
3,128 SF
Asset Type
Condo
Closing
Jul 30, 2026
About this deal
AI
This transaction involves a condo located at 9705 Collins Avenue Unit 1402 in the Bal Harbour market. The sale price was $6,700,000, with a total square footage of 3,128 and a price per square foot of $2,141.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,700,000
- Address: 9705 Collins Avenue Unit 1402
- Market: Bal Harbour
- Square Feet: 3,128
- Price per Square Foot: $2,141
- Buyer's Representative: Michele Redlich - Coldwell Banker
- Seller's Representatives: Vanessa Frank & Saddy Abaunza Delgado - ONE Sotheby's International Realty
Michele Redlich represented the buyer in the deal, while the seller was represented by Vanessa Frank and Saddy Abaunza Delgado. This transaction reflects the collaboration between these brokerage firms to facilitate the sale of the condo in an active market.
On the Map
$6,700,000
$2,141/SF
Condo
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Bal Harbour Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93