Updated Jun 8, 2026
Fortune International Group Sells Condo In Sunny Isles Beach For $9.65M With Adam Gurewicz And Luciene Cofresi As Reps
18805 Collins Avenue
Building Size
3,322 SF
Asset Type
Condo
Closing
May 31, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 18805 Collins Avenue in Sunny Isles Beach. The last asking price for the property was $9,650,000, encompassing a total square footage of 3,322 and a price per square foot of $2,904.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $9,650,000
- Address: 18805 Collins Avenue
- Market: Sunny Isles Beach
- Seller: Fortune International Group
- Buyer's Representative: Adam Gurewicz - Compass
- Seller's Representative: Luciene Cofresi - Fortune International Realty
Key individuals involved in the deal include Adam Gurewicz representing the buyer through Compass and Luciene Cofresi representing the seller through Fortune International Realty, facilitating the transaction process for their respective clients.
On the Map
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.64%
Cash-on-Cash
-0.47%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93