Jules Trump Sells 1902N Condo At The Estates At Acqualina For $6.6M
SOLD
$6,595,000
Florida
See Similar DealsMultiFamily4,385 SF
Sold 03/25/2023
SOLD
Jules Trump Sells 1902N Condo At The Estates At Acqualina For $6.6M
17901 Collins Ave #1902n Sunny Isles Beach, FL 33160, USA
See Similar DealsMultiFamily4,385 SF
Sold 03/25/2023
Summary
FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$1,504
Total Square Footage:4,385 SF
Transaction Type:Sale
The property involved in this closed transaction is a condo located at 17901 Collins Avenue in Sunny Isles Beach. The condo has a total square footage of 4,385. The sale price for the property was $6,595,000, resulting in a price per square foot of $1,504.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $6,595,000
- Address: 17901 Collins Avenue, Sunny Isles Beach
- Square Footage: 4,385
The seller of the condo was Jules Trump. The brokers involved in the deal were Patricia Velazquez from InvesTeam Realty and Adriana Vargas Hernandez from Acqualina Realty.
According to the seller's representative, the unit, 1902N at The Estates at Acqualina, has been sold and closed. Additionally, the representative mentioned that there is a collection of exclusive off-market listings available at The Estates at Acqualina. For more information, interested parties can contact Adriana Vargas Hernandez at 305.389.5428 or [email protected].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$351,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$23,430.66
Cash-on-Cash Return-1.27%
Monthly Debt Service$31,263.66
Annual Debt Service$375,163.98
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