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17901 Collins Avenue, Sunny...

Susan Kassof Acquires $8M Condo In Sunny Isles Beach From Trump Group
SOLDMultiFamily

Susan Kassof Acquires $8M Condo In Sunny Isles Beach From Trump Group

17901 Collins Avenue, Sunny Isles Beach, Florida 33160-, United States

$8,000,000

Building Size

Asset Type

MultiFamily

Closing

Feb 24, 2023

AI

Located in Sunny Isles Beach, this condo at 17901 Collins Avenue Unit 2701 was recently sold for $8,000,000. The transaction took place on February 24, 2023. The property, captured beautifully in the image by Andrew Kassof, offers a stunning view and is sure to impress.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $8,000,000
  • Address: 17901 Collins Avenue Unit 2701
  • Market: Sunny Isles Beach

This sale was made by the Trump Group to buyers Susan Kassof and Andrew Kassof, represented by Kirkland & Ellis. The lender for this transaction was Associated Bank.

With its prime location and luxurious features, this condo is an exquisite property. The successful sale showcases the demand for high-end real estate in Sunny Isles Beach.

Players

KE
Kirkland & EllisBuyer

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93