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
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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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