Jennifer Goldstein & Sorah Daiha Close $2.9M Sale Of Miami Beach Condo
450 Alton Road, Miami Beach, Florida 33139, United States
$2,900,000
$1,352/SF
Building Size
2,145 SF
Asset Type
—
Closing
Feb 16, 2022
About this deal
AI
The sale of a condo in Miami Beach has been completed at 450 Alton Road 801. The transaction took place on February 17, 2022, with a sale price of $2,900,000. The condo has a total square footage of 2,145, translating to a price per square foot of $1,352. The buyer's representative in this deal was Jennifer Goldstein from Douglas Elliman, while the seller's representative was Sorah Daiha, also from Douglas Elliman.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,900,000
- Address: 450 Alton Road 801
- Market: Miami Beach
- Buyer's Representative: Jennifer Goldstein - Douglas Elliman
- Seller's Representative: Sorah Daiha - Douglas Elliman
The sale of this condo at 450 Alton Road 801 was facilitated by Jennifer Goldstein from Douglas Elliman, representing the buyer, and Sorah Daiha, also from Douglas Elliman, representing the seller. This transaction demonstrates the active real estate market in Miami Beach and the demand for condos in the area.
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Miami Beach 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93