Updated Oct 29, 2026
UNDER CONTRACTCondo
John Paul Perez Of Related Sells Condo In Bal Harbour For $26M With Brokers Joel Lusky & Zalmy Shapiro
10245 Collins Avenue
$26,000,000
$4,475/SF
Building Size
5,810 SF
Asset Type
Condo
Closing
Dec 31, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 10245 Collins Avenue in Bal Harbour. The sale price for this property was $26,000,000, covering a total of 5,810 square feet, which equates to a price per square foot of $4,475.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $26,000,000
- Address: 10245 Collins Avenue
- Market: Bal Harbour
- Square Footage: 5,810
- Price per Square Foot: $4,475
- Seller: John Paul Perez - Related
- Broker Representatives: Joel Lusky & Zalmy Shapiro - The Brokerage South Florida Real Estate
- Date of Transaction: 12/31/2026
This transaction features notable individuals in the real estate realm, with John Paul Perez representing the seller, Related. The deal was facilitated by brokers Joel Lusky and Zalmy Shapiro from The Brokerage South Florida Real Estate, who acted on behalf of the seller throughout the negotiation process.
On the Map
$26,000,000
$4,475/SF
Condo
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Players
Bal Harbour Condo Market Snapshot
Boundary boundary · Condo · Undercontract transactions
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Deal FAQ
About $4.5K per square foot on a published $26M for 5,810 square feet (2026).
Visit Zalmy Shapiro to view all their deals.
Browse Bal Harbour condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.61%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93