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10645 Collins Avenue

Taylor Collins And Reid J Borin Of Two Roads Development Sell Condo At 10245 Collins Ave For $19.5M
UNDERCONTRACCondo

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

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.

Players

Morgan Blittner

Brown Harris Stevens

Broker

$66.3M

vol

9 deals

Broker
Two Roads Development
Two Roads DevelopmentSeller

Eric Fordin

Related Midwest

Seller

1 deal

Seller

Surfside Condo Market Snapshot

Boundary boundary · Condo · Undercontract transactions

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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