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Todd Glaser, Jonathan Fryd & Scott Robins Acquire Miami Beach Single Family Property For $8.3M

Property Image
SOLD
$8,300,000
Nelson Gonzalez
Scott Robins
Todd Michael Glaser
+ 1

Florida

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Single Family Residence
Sold 08/17/2022
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Property Image
SOLD

Todd Glaser, Jonathan Fryd & Scott Robins Acquire Miami Beach Single Family Property For $8.3M

31 La gorce Circle, Miami Beach, Florida 33141, United States

See Similar Deals
Single Family Residence
Sold 08/17/2022
Nelson Gonzalez
Scott Robins
Todd Michael Glaser
+ 1
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family Residence
Transaction Type:Sale

Located at 31 La Gorce Circle in Miami Beach, this single-family property spans across 0.6 acres. The transaction took place on 08/17/2022, with Todd Glaser, Jonathan Fryd, and Scott Robins as the buyers, and Banyan Properties LLC as the seller. The sale was facilitated by Nelson Gonzalez from Berkshire Hathaway HomeServices EWM Realty. The property was sold for a total price of $8,300,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $8,300,000
  • Market: Miami Beach
  • Address: 31 La Gorce Circle
  • Buyer: Todd Glaser, Jonathan Fryd, and Scott Robins
  • Seller: Banyan Properties LLC
  • Broker: Nelson Gonzalez - Berkshire Hathaway HomeServices EWM Realty
  • Transaction Date: 08/17/2022
  • Asset Type: Single Family
  • Acres: 0.6

Todd Glaser, Jonathan Fryd, and Scott Robins were the buyers in this transaction. They acquired the property located at 31 La Gorce Circle in Miami Beach for a total price of $8,300,000. The sale was facilitated by Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty, who represented the seller, Banyan Properties LLC.

Players

Nelson Gonzalez
Berkshire Hathaway HomeServices
Nelson Gonzalez
44 deals$761.2M volume
BROKER
Todd Michael Glaser
Todd Michael Glaser
41 deals$974.3M volume(786) 208-2124
BROKER
Scott Robins
Scott Robins
10 deals$209.5M volume
BUYER
JF
Jonathan Fryd
10 deals$198.5M volume
BUYER
JF
Jonathan Fryd
10 deals$198.5M volume
BUYER

Details

SOLD
IMAGE: Todd Glaser & Nelson Gonzalez DATE: 08/17/2022 ADDRESS: 31 La Gorce Circle MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.6 BUYER: Todd Glaser (@ToddMichaelGlaser), Jonathan Fryd & Scott Robins SELLER: Banyan Properties LLC BROKER: Nelson Gonzalez (@NelsonGonzalezMiami) - Berkshire Hathaway HomeServices EWM Realty (@EWMRealty) SALE PRICE: $8,300,000

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

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$29,488.14
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,346.23
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