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17901 Collins Ave #1902n Su...

Jules Trump Sells 1902N Condo At The Estates At Acqualina For $6.6M
SOLDMultiFamily

Jules Trump Sells 1902N Condo At The Estates At Acqualina For $6.6M

17901 Collins Ave #1902n Sunny Isles Beach, FL 33160, USA

$6,595,000

$1,504/SF

Building Size

4,385 SF

Asset Type

MultiFamily

Closing

Mar 24, 2023

AI

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].

Players

Adriana Vargas Hernandez

Acqualina Realty

Broker

$206.5M

vol

29 deals

Broker
Jules Trump

Jules Trump

Seller

$192.8M

vol

23 deals

Seller

Miami MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.41%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93