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.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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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