SOLDCondo
Chase Curson of the Coldwell Banker Realty Group represents seller in $4.2M sale of Miami Beach condo.
500 Alton Road
$4,200,000
$2,133/SF
Building Size
1,969 SF
Asset Type
Condo
Closing
Oct 30, 2026
About this deal
AI
This transaction involved the sale of a condominium located at 500 Alton Road Unit 3605 in Miami Beach. The condominium was sold for $4,200,000, covering an area of 1,969 square feet, which translates to a price per square foot of $2,133.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,200,000
- Address: 500 Alton Road Unit 3605
- Market: Miami Beach
- Square Footage: 1,969
- Price Per Square Foot: $2,133
- Buyer's Representative: Isaac Lustgarten - The Corcoran Group
- Seller's Representatives: Chase Curson & Paul Owens - Coldwell Banker
- Scheduled Closing Date: October 30, 2026
Isaac Lustgarten represented the buyer in the transaction, while Chase Curson and Paul Owens were the representatives for the seller. This sale was specifically noted by the seller's representatives, who highlighted their role in the closure of this condominium sale.
On the Map
$4,200,000
$2,133/SF
Condo
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Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93