Michael Giampietro Purchases Condo At 4391 Collins Avenue From Jason Pilger For $1.365M
SOLD
$1,365,000
Florida
See Similar DealsCondo1,063 SF
Sold 11/05/2025
SOLD
Michael Giampietro Purchases Condo At 4391 Collins Avenue From Jason Pilger For $1.365M
4391 Collins Avenue
See Similar DealsCondo1,063 SF
Sold 11/05/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,284
Total Square Footage:1,063 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$72,799.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,849.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,470.80
Annual Debt Service$77,649.56
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