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Michael Greenberg Purchases Single Family Home In Miami Beach For $16.2 Million

Property Image
SOLD
$16,200,000
Chad Carroll

Florida

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Single Family Residence5,662 SF
Sold 01/28/2026
the dealplayerscompscontact
Property Image
SOLD

Michael Greenberg Purchases Single Family Home In Miami Beach For $16.2 Million

1800 West 27th Street

See Similar Deals
Single Family Residence5,662 SF
Sold 01/28/2026
Chad Carroll
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Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,861
Total Square Footage:5,662 SF
Transaction Type:Sale

The property asset involved in this transaction is a single-family home located at 1800 West 27th Street in the Miami Beach market. The sale price of the property was $16,200,000, with a total square footage of 5,662. The price per square foot for the asset is noted at $2,861.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $16,200,000
  • Address: 1800 West 27th Street
  • Market: Miami Beach
  • Square Footage: 5,662
  • Price per Square Foot: $2,861
  • Buyer: Michael Greenberg
  • Seller: Jacobo Azout, Harry Jamri Alfassi, Jerry Lechter & Samuel Papu - Sun Light Homes
  • Seller's Representative: Chad Carroll - The Chad Carroll Group
  • Buyer's Representative: Joyce Gato - Douglas Elliman
  • Photographer: Daniel Petroni

The transaction featured notable individuals including the buyer Michael Greenberg and the seller group comprised of Jacobo Azout, Harry Jamri Alfassi, Jerry Lechter, and Samuel Papu, represented by Chad Carroll. Joyce Gato acted as the representative for the buyer in this sale.

Players

Chad Carroll
84 deals$1.7B volume(305) 400-9507
BROKER

Joyce Gato
Douglas Elliman
4 deals$32.4M volume
BROKER

Details

SOLD
IMAGE: Chad Carroll & Joyce Gato DATE: 01/28/2026 ADDRESS: 1800 West 27th Street MARKET: Miami Beach ASSET TYPE: Single Family BUYER: Michael Greenberg SELLER: Jacobo Azout, Harry Jamri Alfassi, Jerry Lechter & Samuel Papu - Sun Light Homes SELLER'S REP: Chad Carroll (@ChadCarroll)- The Chad Carroll Group (@TheCarrollGroup) BUYER'S REP: Joyce Gato (@JoyceGato1) - Douglas Elliman PHOTOGRAPHER: Daniel Petroni SALE PRICE: $16,200,000 SF: 5,662 ~ PPSF: $2,861

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$864,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$57,555.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$76,796.26
Annual Debt Service$921,555.18