Nathan Shore Of Douglas Elliman Represents Both Parties In Sale Of Surfside Condo For $1.803M
8925 Collins Avenue
$2,500,000
$1,295/SF
Building Size
1,930 SF
Asset Type
Condo
Closing
Jul 2, 2025
AI
The property asset involved in the transaction is a condo located at 8925 Collins Avenue Unit 4A in Surfside. The sale price for this unit was $1,803,000, with a total square footage of 1,930 and a price per square foot of $934.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,803,000
- Square Footage: 1,930
- Price per Square Foot: $934
- Address: 8925 Collins Avenue Unit 4A
- Market: Surfside
- Broker: Nathan Shore - Douglas Elliman
Nathan Shore successfully represented both parties to the transaction and facilitated the buyer in executing a complex reverse 1031 exchange sale on this direct ocean condo. For similar great opportunities, please reach out today.
Players
Surfside Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
6.35%
Cash-on-Cash
-1.81%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93