Nergis Comertoglu Purchases Condo In Miami Beach For $4.05M With Nurdan Yildirim As The Broker
450 Alton Road & 450 Alton Road
$4,050,000
$944/SF
Building Size
4,290 SF
Asset Type
Condo
Closing
Feb 20, 2025
AI
The asset involved in this transaction is a condo located at 450 Alton Road Unit 3601 in the Miami Beach market. The sale price for this property was $4,050,000, encompassing a total square footage of 2,145, which translates to a price per square foot of $1,888.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $4,050,000
- Address: 450 Alton Road Unit 3601
- Market: Miami Beach
- Square Footage: 2,145
- Price per Square Foot: $1,888
- Buyer: Nergis Comertoglu
- Seller: Carlos Joao Da Costa Marques - International Investments Group of Miami Corp
- Buyer's Representative: Nurdan Yildirim - Florida Realty of Miami Corp
- Seller's Representative: Monica Leao - EXP Realty
- Attorney: John Ioannou, esq. - Florida Closing Escrow LLC
This transaction featured a record-breaking sale that was successfully closed in just 10 days, showcasing the efficiency of the involved parties.
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
3.92%
Cash-on-Cash
-1.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93