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Juan Alvarez Realty Group And Dezer Platinum Realty LLC Facilitate $3.45M Sale Of Residential Condo In Sunny Isles Beach

Property Image
SOLD
$3,450,000
Michelle Lynn Judd
Juan Alvarez

New York

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31,300 SF
Sold
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Property Image
SOLD

Juan Alvarez Realty Group And Dezer Platinum Realty LLC Facilitate $3.45M Sale Of Residential Condo In Sunny Isles Beach

18555 Collins Ave Apt 4004, Sunny Isles Beach, Fl 33160, Usa

See Similar Deals
31,300 SF
Sold
Michelle Lynn Judd
Juan Alvarez
the dealplayerscompscontact
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Summary

NEW YORK
Price Per Square Foot:$110
Total Square Footage:31300 SF
Transaction Type:Sale

A residential condo duplex unit located at 18555 Collins Ave. in Sunny Isles Beach has been sold for $3,450,000. The property, spanning 3,130 square feet, was sold at a price of $1,102.24 per square foot. The transaction took place on August 11, 2020. Juan M. Alvarez of Juan Alvarez Realty Group and Michelle Lynn Judd of Dezer Platinum Realty LLC represented the parties involved in the deal.

Summary of transaction details

  • Property Type: Residential Condo (Duplex Unit)
  • Transaction Amount: $3,450,000
  • Square Footage: 3,130
  • Price per Square Foot: $1,102.24
  • Address: 18555 Collins Ave., Sunny Isles Beach

The sale was facilitated by Juan M. Alvarez of Juan Alvarez Realty Group and Michelle Lynn Judd of Dezer Platinum Realty LLC. The transaction represents a successful collaboration between both parties in the real estate market.

Players

Michelle Lynn Judd
Michelle Lynn Judd
4 deals$12.8M volume
BROKER
Juan Alvarez
BlokHaus Real Estate + Investments
Juan Alvarez
5 deals$41M volume
BROKER

Details

SOLD
IMAGE: Juan M. Alvarez (@JuanManueleto, @JuanMAlvarez_1) & @MichelleLynnJudd DATE: 08/11/2020 ADDRESS: 18555 Collins Ave. MARKET: Sunny Isles Beach ASSET TYPE: Residential Condo (Duplex Unit) PRICE: $3,450,000 SF: 3,130 PPSF: $1,102.24 BROKERS: Juan M. Alvarez – Juan Alvarez Realty Group & Michelle Lynn Judd – Dezer Platinum Realty LLC NOTES: For more info, please […]

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$184,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,257.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,354.76
Annual Debt Service$196,257.12