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Nathan Shore Of Douglas Elliman Represents Both Parties In Sale Of Surfside Condo For $1.803M

Property Image
SOLD
$2,500,000

Florida

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Condo1,930 SF
Sold 07/02/2025
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Property Image
SOLD

Nathan Shore Of Douglas Elliman Represents Both Parties In Sale Of Surfside Condo For $1.803M

8925 Collins Avenue

See Similar Deals
Condo1,930 SF
Sold 07/02/2025
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,295
Total Square Footage:1,930 SF
Transaction Type:Sale

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

Nathan Shore
Douglas Elliman
Nathan Shore
12 deals$34.1M volume
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Nathan Shore DATE: 07/03/2025 ADDRESS: 8925 Collins Avenue Unit 4A MARKET: Surfside ASSET TYPE: Condo BROKER: Nathan Shore (@Nateshore) - Douglas Elliman (@DouglasElliman) SALE PRICE: $1,803,000 SF: 1,930 ~ PPSF: $934 NOTE FROM BROKER: Nate Shore successfully represented both parties to the transaction and guided the buyer in executing a complex reverse 1031 exchange sale on this direct ocean condo. For similar great opportunities, please reach out today.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$133,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,881.99
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,851.28
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