Brett Eaglstein Of The Chad Carroll Group Represents Buyer In $12.95M Miami Beach Condo Sale
501 West Avenue
$12,950,000
$2,512/SF
Building Size
5,155 SF
Asset Type
Condo
Closing
Mar 13, 2026
AI
The property involved in this transaction is a condo located at 501 West Avenue Unit in Miami Beach. It was sold for a price of $12,950,000. The condo encompasses a total area of 5,155 square feet, resulting in a price per square foot of approximately $2,512.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $12,950,000
- Square Footage: 5,155
- Price per Square Foot: $2,512
- Buyer's Representative: Brett Eaglstein - The Chad Carroll Group - Compass
- Seller's Representatives: Haydar Alchalaby & Ivan Chorney - Compass Florida, LLC
The key individuals in this transaction include Brett Eaglstein, representing the buyer, and Haydar Alchalaby along with Ivan Chorney, representing the seller. All parties are associated with Compass, with the buyer being represented by The Chad Carroll Group and the seller by Compass Florida, LLC.
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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93