Ricardo Izecson Dos Santos Leite Kaká Purchases Condo In Bal Harbour For $8.7M
10203 Collins Avenue
$8,700,000
$2,597/SF
Building Size
3,350 SF
Asset Type
Condo
Closing
Jul 10, 2026
AI
A condominium located at 10203 Collins Avenue in Bal Harbour, FL was sold for $8,700,000. The property comprises a spacious 3,350 square feet, resulting in a price per square foot of $2,597. The sale involved the transfer of ownership from seller Gaston Siciliano to buyer Ricardo Izecson dos Santos Leite, also known as Kaká.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,700,000
- Square Footage: 3,350
- Price per Square Foot: $2,597
- Address: 10203 Collins Avenue
- Market: Bal Harbour, FL
- Buyer: Ricardo Izecson dos Santos Leite (Kaká)
- Seller: Gaston Siciliano
- Buyer's Representative: Jennifer Olmeda - WRA Real Estate Solutions
- Seller's Representative: Michael Martinez - ONE Sotheby's International Realty
The transaction featured notable individuals including Ricardo Izecson dos Santos Leite, a prominent figure in the sports world, who acquired the property from Gaston Siciliano. Representing the buyer in this high-value transaction was Jennifer Olmeda from WRA Real Estate Solutions, while the seller was represented by Michael Martinez from ONE Sotheby's International Realty.
Players
Bell 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
1.82%
Cash-on-Cash
-0.52%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93