Hayley Denman Acquires Condo In Miami Beach For $2.8M
450 Alton Rd Miami Beach, FL 33139, USA
$2,800,000
$1,404/SF
Building Size
1,993 SF
Asset Type
Condo
Closing
Jun 12, 2023
About this deal
AI
A condo located at 450 Alton Road in Miami Beach has been sold for $2,800,000. The property is a 1,993 square foot unit, resulting in a price per square foot of $1,405. The transaction took place on June 12, 2023.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,800,000
- Address: 450 Alton Road, Miami Beach
- Market: Miami Beach
The buyer of the condo is Hayley Denman, while the seller is Lawrence Alletto. Hayley Denman was represented by Judith "Judy" Zeder from Coldwell Banker. The seller was represented by Seán Murray and David Pulley from Douglas Elliman.
On the Map
$2,800,000
$1,404/SF
Condo
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Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $2.8M for 1,993 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.67%
Cash-on-Cash
-1.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93