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Dean Bloch Of Douglas Elliman Represents Seller In $4.375M Condo Sale At 400 Alton Road

Property Image
SOLD
$4,375,000
David Vazquez
Dean Bloch

Florida

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MultiFamily3,000 SF
Sold 10/30/2024
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Property Image
SOLD

Dean Bloch Of Douglas Elliman Represents Seller In $4.375M Condo Sale At 400 Alton Road

400 Alton Road

See Similar Deals
MultiFamily3,000 SF
Sold 10/30/2024
David Vazquez
Dean Bloch
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$1,458
Total Square Footage:3,000 SF
Transaction Type:Sale

The asset involved in this transaction is a condo located at 400 Alton Road Unit 2804 in Miami Beach. The sale price for this property was $4,375,000, with a total of 2,804 square feet at a price per unit of $1,560 and a price per square foot of $1,458. This property was on the market for a duration of 2 weeks.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $4,375,000
  • Units: 2,804
  • Square Footage: 3,000
  • Price Per Unit: $1,560
  • Price Per Square Foot: $1,458
  • Buyer's Representative: David Vazquez - Douglas Elliman
  • Seller's Representative: Dean Bloch - Douglas Elliman

David Vazquez represented the buyer in this transaction, while Dean Bloch represented the seller. Both brokers are affiliated with Douglas Elliman, the agency handling this deal.

Players

Dean Bloch
Douglas Elliman
Dean Bloch
11 deals$85.1M volume
BROKER
David Vazquez
Douglas Elliman
David Vazquez
7 deals$26.7M volume(786) 897-9970
BROKER
Brown Harris Stevens
Brown Harris Stevens
BROKERAGE

Details

SOLD
IMAGE: David Vazquez & Dean Bloch DATE: 10/30/2024 ADDRESS: 400 Alton Road Unit 2804 MARKET: Miami Beach ASSET TYPE: Condo BUYER'S REP: David Vazquez (@David_Vazquez1) - Douglas Elliman (@DouglasElliman) SELLER'S REP: Dean Bloch (@Dean.Bloch) - Douglas Elliman (@DouglasElliman) SALE PRICE: $4,375,000 UNITS: 2,804 ~ PPU: $1,560 SF: 3,000 ~ PPSF: $1,458 NOTE FROM BROKER: 2 weeks on the market.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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