Mikhail Mudrik, Daniel Tzinker & Mauricio Umansky Of The Agency Represent Seller In Sunny Isles Beach Condo Sale For $13.15M
SOLD
Florida
See Similar DealsCondo4,780 SF
Sold 11/06/2025
SOLD
Mikhail Mudrik, Daniel Tzinker & Mauricio Umansky Of The Agency Represent Seller In Sunny Isles Beach Condo Sale For $13.15M
17975 Collins Avenue
See Similar DealsCondo4,780 SF
Sold 11/06/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,751
Total Square Footage:4,780 SF
Transaction Type:Sale
A condo located at 17975 Collins Avenue in Sunny Isles Beach, FL was sold for $13,150,000. The property features 4,780 square feet, translating to a price per square foot of $2,751.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $13,150,000
- Address: 17975 Collins Avenue
- Market: Sunny Isles Beach, FL
- Square Footage: 4,780
- Price Per Square Foot: $2,751
- Seller's Representatives: Mikhail Mudrik, Daniel Tzinker & Mauricio Umansky - The Agency
The property, specifically Lower Penthouse 4601 at the Estates at Acqualina’s North Tower, was notable for selling within 24 hours, marking it as the most expensive residence included in the report.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$701,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,719.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$62,337.71
Annual Debt Service$748,052.51
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