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31 La gorce Circle, Miami B...

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

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

Nelson Gonzalez

Berkshire Hathaway HomeServices

Broker

$761.2M

vol

44 deals

Broker
Scott Robins

Scott Robins

Buyer

$209.5M

vol

10 deals

Buyer

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