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
$8,300,000
Building Size
—
Asset Type
Single Family Residence
Closing
Aug 16, 2022
AI
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
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
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93