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6505 Allison Road, Miami Be...

Todd Michael Glaser, Scott Robins & Jonathan Fryd Acquire Land In Miami Beach For $7.9M
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

$7,900,000

Building Size

Asset Type

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

Dina Goldentayer

Douglas Elliman

Broker

$1.8B

vol

97 deals

Broker
Scott Robins

Scott Robins

Buyer

$209.5M

vol

10 deals

Buyer

Pascale Ouazana

Entoria

Seller

$54.5M

vol

4 deals

Seller

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