Todd Michael Glaser, Scott Robins & Jonathan Fryd Acquire Land In Miami Beach For $7.9M
SOLD
$7,900,000
Florida
See Similar DealsSold 08/31/2022
SOLD
Todd Michael Glaser, Scott Robins & Jonathan Fryd Acquire Land In Miami Beach For $7.9M
6505 Allison Road, Miami Beach, Florida 33141, United States
See Similar DealsSold 08/31/2022
Summary
FLORIDA
Transaction Type:Sale
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
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$421,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,067.05
Cash-on-Cash Return-1.27%
Monthly Debt Service$37,450.03
Annual Debt Service$449,400.36
Is there something missing? Send suggestions
