David Wang Purchases Condo At 90 Alton Road Miami Beach For $1.2M From Elizabeth Tackenberg
90 Alton Road
$1,200,000
$790/SF
Building Size
1,519 SF
Asset Type
Condo
Closing
Apr 16, 2026
AI
The property asset involved in the transaction is a condo located at 90 Alton Road Unit 1810 in the Miami Beach market. The sale price of the condo was $1,200,000, and it features an area of 1,519 square feet, resulting in a price per square foot of $789.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,200,000
- Address: 90 Alton Road Unit 1810
- Market: Miami Beach
- Square Footage: 1,519
- Price Per Square Foot: $789
- Buyer: David Wang
- Seller: Elizabeth Tackenberg
- Seller's Representatives: Michelle Cardenas & Joanna Jimenez - Compass
The transaction was facilitated by seller's representatives Michelle Cardenas and Joanna Jimenez from Compass, representing Elizabeth Tackenberg in the sale to David Wang. Their involvement plays a crucial role in navigating the complexities of the properties in the Miami Beach market.
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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93