facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Mississippi

/

Condo

/

Sale

/

16901 Collins Avenue Unit 4105

Updated Nov 15, 2023

Million And Up Realty Acquires Sunny Isles Beach Condo For $7M
SOLDCondo

Million And Up Realty Acquires Sunny Isles Beach Condo For $7M

16901 Collins Avenue Unit 4105

$7,000,000

$1,844/SF

Building Size

3,795 SF

Asset Type

Condo

Closing

Nov 1, 2022

About this deal

AI

A luxury condo in Sunny Isles Beach, located at 16901 Collins Avenue Unit 4105, has been sold for a whopping $7,000,000. Spanning across 3,795 square feet, this stunning property offers an enviable living space in one of Miami's most sought-after markets.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,000,000
  • Market: Sunny Isles Beach
  • Address: 16901 Collins Avenue Unit 4105
  • Buyer's Representative: Luis Paredes - Million and Up Realty
  • Seller's Representative: Marissa Everhart - Florida Realty of Miami
  • SF: 3,795
  • Price Per Square Foot: $1,845

The buyer, represented by Luis Paredes from Million and Up Realty, recognized the value and potential of this exquisite condo. On the other side, Marissa Everhart from Florida Realty of Miami skillfully showcased the property's unique features to capture the interest of potential buyers. Both representatives played a crucial role in negotiating and finalizing this significant transaction.

Players

Luis Paredes

Broker

$7M

vol

1 deal

Broker

Collins Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Deal FAQ

About $1.8K per square foot on a published $7M for 3,795 square feet (2022).

Visit Marissa Everhart to view all their deals.

Browse Mississippi condo sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals

Nearby Markets