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1500 West 21st Street, Miam...

Todd Michael Glaser Sells Single Family Property In Miami Beach For $12M
SOLDSingle Family Residence

Todd Michael Glaser Sells Single Family Property In Miami Beach For $12M

1500 West 21st Street, Miami Beach, FL, USA

$12,000,000

$2,092/SF

Building Size

5,735 SF

Asset Type

Single Family Residence

Closing

Apr 19, 2021

AI

The single-family property located at 1500 West 21st Street in Miami Beach has been sold for a price of $12,000,000. The property spans a total area of 5,735 square feet, resulting in a price per square foot of $2,092. The transaction took place on April 20, 2021.

Summary of transaction details

  • Property Type: Single Family
  • Transaction Amount: $12,000,000
  • Square Footage: 5,735
  • Price per Square Foot: $2,092
  • Address: 1500 West 21st Street, Miami Beach

Todd Michael Glaser, the seller of the property, was represented by Dina Goldentayer from Douglas Elliman. The buyer, on the other hand, was represented by Adam Freeman from Coldwell Banker Realty.

Players

Dina Goldentayer

Douglas Elliman

Broker

$1.8B

vol

97 deals

Broker
Todd Michael Glaser

Todd Michael Glaser

Randall Realty Group

Seller

$974.3M

vol

41 deals

Seller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.32%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93