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

Property Image
SOLD
$7,900,000
Scott Robins
+ 3

Florida

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Sold 08/31/2022
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Property Image
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 Deals
Sold 08/31/2022
Scott Robins
+ 3
Contact now

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

Dina Goldentayer
91 deals$1.6B volume(786) 277-7539
BROKER

Scott Robins
10 deals$209.5M volume
BUYER

Todd Michael Glaser
41 deals$974.3M volume
BUYER


10 deals$198.5M volume
BUYER

4 deals$54.5M volume
SELLER

Laurent Ouazana
4 deals$54.5M volume
SELLER

Details

SOLD
IMAGE: Jonathan Fryd, Todd Michael Glaser & Scott Robins DATE: 08/31/2022 ADDRESS: 6505 Allison Road MARKET: Miami Beach ASSET TYPE: Land ~ ACRES: 0.5 BUYER: Todd Michael Glaser (@ToddMichaelGlaser), Scott Robins & Jonathan Fryd SELLER: Pascale Ouazana; Laurent Ouazana - Entoria BROKER: Dina Goldentayer (@GoldenDina) - Douglas Elliman (@DouglasElliman) (@DouglasEllimanFlorida) SALE PRICE: $7,900,000

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Deal Type
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