Michael Giampietro Purchases Condo At 4391 Collins Avenue From Jason Pilger For $1.365M
4391 Collins Avenue
$1,365,000
$1,284/SF
Building Size
1,063 SF
Asset Type
Condo
Closing
Nov 4, 2025
AI
The asset involved in this transaction is a condo located at 4391 Collins Avenue in the Miami Beach market. The property was sold for $1,365,000 and has a total square footage of 1,063, which results in a price per square foot of $1,284.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $1,365,000
- Address: 4391 Collins Avenue
- Market: Miami Beach
- Square Footage: 1,063
- Price per Square Foot: $1,284
- Buyer: Michael Giampietro
- Seller: Jason Pilger
- Seller's Representative: Cate Kalifeh & Frank Lustig - FL Luxury Group - Compass
This transaction highlights the key individuals involved, with Cate Kalifeh and Frank Lustig representing the seller, Jason Pilger, in the deal. The action was formalized on November 5, 2025.
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
11.62%
Cash-on-Cash
-3.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93