Todd Michael Glaser, Scott Robins & Jonathan Fryd Acquire Land In Miami Beach For $7.9M
6505 Allison Road, Miami Beach, Florida 33141, United States
$7,900,000
Building Size
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Asset Type
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Closing
Aug 30, 2022
AI
Located in Miami Beach, a piece of land measuring approximately 0.5 acres has been sold for a total price of $7,900,000. Situated at 6505 Allison Road, the transaction took place on August 31, 2022.
Summary of transaction details
- Property Type: Land
- Transaction Amount: $7,900,000
- Address: 6505 Allison Road
- Market: Miami Beach
- Buyer: Todd Michael Glaser, Scott Robins & Jonathan Fryd
- Seller: Pascale Ouazana, Laurent Ouazana - Entoria
The buyer representation was handled by Dina Goldentayer from Douglas Elliman. Jonathan Fryd, Todd Michael Glaser, and Scott Robins were actively involved in the purchase.
Players
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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93