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The Haimov Group Acquires Package Deal In Miami Beach For $12.5M With Broker Stefano Santoro

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SOLD
$12,500,000

Florida

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Package Deal51,048 SF
Sold 01/30/2025
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SOLD

The Haimov Group Acquires Package Deal In Miami Beach For $12.5M With Broker Stefano Santoro

3907 Alton Road, 3915 Alton Road & 976 41st Street

See Similar Deals
Package Deal51,048 SF
Sold 01/30/2025
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Summary

FLORIDA
Asset Type:Package Deal
Price Per Square Foot:$244
Total Square Footage:51,048 SF
Transaction Type:Sale

This transaction involved a package deal comprising three contiguous parcels located at 3907 Alton Road, 3915 Alton Road, and 976 41st Street in the Miami Beach market. The properties feature existing structures totaling 17,016 square feet and a combined land area of 20,200 square feet. The sale was completed for $12,500,000, resulting in a price per square foot of $734.

Summary of transaction details:

  • Property Type: Package Deal
  • Transaction Amount: $12,500,000
  • Buyer: Aaron Haimov, Igal Haimov, Moshe Haimov, Rafael Haimov, and Levi Haimov - The Haimov Group
  • Seller: Ira & Jason Giller
  • Broker: Stefano Santoro - Disruptive Real Estate
  • Sale Date: 01/30/2025

Stefano Santoro, the CEO & Managing Broker of Disruptive Real Estate, represented both the seller and the buyer in this sale. This deal highlights how Disruptive Real Estate connects investors with high-value opportunities, particularly in mixed-use development potential.

Players

Stefano Santoro
28 deals$256.8M volume(732) 241-1940
BROKER

Details

SOLD
IMAGE: Aaron Haimov, Levi Haimov, Stefano Santoro, Moshe Haimov, Jason Giller, Rafael Haimov, Igal Haimov & Ira Giller DATE: 01/30/2025 ADDRESS: 3907 Alton Road, 3915 Alton Road & 976 41st Street MARKET: Miami Beach ASSET TYPE: Package Deal BUYER: Aaron Haimov (@Aaron_haimov), Igal Haimov (@Igal.Haimov), Moshe Haimov (@MosheHaimov), Rafael Haimov (@Rafael_Haimov) & Levi Haimov (@Levi.haimov) - The Haimov Group (@TheHaimovGroup) SELLER: Ira & Jason Giller (@Beaumiami) BROKER: Stefano Santoro (@StefSantoro) - Disruptive Real Estate (@DisruptiveRealEstate) SALE PRICE: $12,500,000 SF: 17,016 ~ PPSF: $734 NOTE FROM BROKER: Disruptive Real Estate is thrilled to announce the $12.5M sale of a premier commercial assemblage at West 41st Street & Alton Road, featuring three contiguous parcels spanning 20,200 SF of land and 17,016 SF of existing structures. Positioned for transformative a mixed-use development, CEO & Managing Broker Stefano Santoro represented both the seller and buyer in the sale of this prime asset. This deal exemplifies how Disruptive Real Estate connects visionary investors with high-value opportunities.

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Deal Type
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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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