Charles Platkin Acquires Condo In Miami Beach From Julianne Irene Trullenque For $2,785,550
400 Alton Road
$2,785,550
$1,659/SF
Building Size
1,679 SF
Asset Type
Condo
Closing
Apr 8, 2026
About this deal
AI
The property involved in this transaction is a condo located at 400 Alton Road Unit 706 in the Miami Beach market. The sale price was $2,785,550 for a total area of 1,679 square feet, resulting in a price per square foot of $1,659.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $2,785,550
- Address: 400 Alton Road Unit 706
- Market: Miami Beach
- Square Footage: 1,679
- Price Per Square Foot: $1,659
- Buyer: Charles Platkin
- Seller: Julianne Irene Trullenque
- Broker Representatives: Ismael Garcia, Marko Gojanovic & Reid Heidenry RLuxuryGroup at One Sotheby’s Intl. Realty
This transaction highlights the involvement of brokers Ismael Garcia, Marko Gojanovic, and Reid Heidenry, who represented the seller and facilitated the deal through RLuxuryGroup at One Sotheby’s International Realty.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $2.8M for 1,679 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.69%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93