Updated Jun 10, 2026
Taylor Collins And Reid J Borin Of Two Roads Development Sell Condo At 10245 Collins Ave For $19.5M
10645 Collins Avenue
$19,500,000
$4,474/SF
Building Size
4,358 SF
Asset Type
Condo
Closing
Dec 30, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 10245 Collins Avenue, Bal Harbour, FL 33154, in the Bal Harbour market. The sale price for the condo is $19,500,000, and it spans 4,358 square feet, resulting in a price per square foot of $4,474.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $19,500,000
- Address: 10245 Collins Avenue, Bal Harbour, FL 33154
- Market: Bal Harbour
- Square Footage: 4,358
- Price Per Square Foot: $4,474
- Seller: Taylor Collins & Reid J Borin - Two Roads Development; Eric Fordin - Related
- Buyer's Representative: Morgan Blittner - Brown Harris Stevens
- Seller's Representatives: Ray Jacomo; Eric Fordin - Related
- Date of Transaction: 12/31/2026
This transaction involves key individuals including sellers Taylor Collins and Reid J Borin from Two Roads Development, alongside Eric Fordin from Related. The buyer's representative is Morgan Blittner from Brown Harris Stevens, with Ray Jacomo and Eric Fordin as the seller's representatives, indicating the active roles of these professionals in facilitating the transaction.
On the Map
$19,500,000
$4,474/SF
Condo
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Players
Surfside Condo Market Snapshot
Boundary boundary · Condo · Undercontract transactions
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Deal FAQ
About $4.5K per square foot on a published $19.5M for 4,358 square feet (2026).
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Browse Surfside condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.81%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93