Sebastian Woj Acquires 5875 Collins Ave Apt 1602 In Miami Beach For $3.4M
5875 Collins Ave Apt 1602
Building Size
—
Asset Type
—
Closing
Aug 19, 2022
About this deal
AI
The condo located at 5875 Collins Ave Apt 1602 in Miami Beach has been sold for a total price of $3,400,000. The property spans a total area of 1,725 square feet, with a price per square foot of $1,971. The transaction took place on 08/19/2022.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,400,000
- Address: 5875 Collins Ave Apt 1602, Miami Beach
- Market: Miami Beach
- Buyer: Sebastian Woj
- Seller: Peter Marshall
- Broker: Alyssa Morgan - ONE Sotheby's International Realty
Alyssa Morgan from ONE Sotheby's International Realty represented both the buyer, Sebastian Woj, and the seller, Peter Marshall, in this transaction.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93