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9999 Collins Avenue

Leonor Ortiz Of Compass Represents Buyer In Sale Of Bal Harbour Single Family Home For $4.9M
SOLDSingle Family Residence

Leonor Ortiz Of Compass Represents Buyer In Sale Of Bal Harbour Single Family Home For $4.9M

9999 Collins Avenue

$4,900,000

$933/SF

Building Size

5,250 SF

Asset Type

Single Family Residence

Closing

Aug 26, 2024

AI

The property involved in this transaction is a single-family home located at 9999 Collins Avenue in the Bal Harbour market. The asking price was set at $5,700,000, while the final sale price amounted to $4,900,000. The property spans a total area of 5,250 square feet, which equates to a price per square foot of $933.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $4,900,000
  • Asking Price: $5,700,000
  • Square Footage: 5,250
  • Price per Square Foot: $933
  • Buyer’s Representative: Leonor Ortiz - Compass
  • Seller’s Representative: Nancy Batchelor - Compass

The deal was facilitated by representatives from Compass, with Leonor Ortiz representing the buyer and Nancy Batchelor representing the seller. Both parties operated within the same agency during this transaction.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker

Bal Harbour Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.24%

Cash-on-Cash

-0.93%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93