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
About this deal
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.
On the Map
$7,900,000
View full map
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse Florida sales on Traded.
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