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3335 Alton Road, Miami Beac...

Sven Vogtland & Karina Arencibia Acquire SFR In Miami Beach For $1.32M
SOLDSingle Family Residence

Sven Vogtland & Karina Arencibia Acquire SFR In Miami Beach For $1.32M

3335 Alton Road, Miami Beach, FL 33140, USA

$1,320,000

$604/SF

Building Size

2,185 SF

Asset Type

Single Family Residence

Closing

Jun 25, 2020

AI

Located at 3335 Alton Road in Miami Beach, this single-family home (SFR) was recently sold in a closed transaction on June 25, 2021. The property spans a total area of 2,185 square feet, offering ample space for the new owners, Sven Vogtland and Karina Arencibia. The property was sold by Marco Ferri and Alexandra De La Asuncion, with representation from Rebecca and David Carmona of Vernon Ubico. The sale price for this SFR was $1,320,000, resulting in a price per square foot of $604.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $1,320,000
  • Address: 3335 Alton Road, Miami Beach
  • Market: Miami Beach
  • Buyer: Sven Vogtland & Karina Arencibia
  • Seller: Marco Ferri & Alexandra De La Asuncion
  • Represented by: Rebecca & David Carmona - Vernon Ubico

Rebecca and David Carmona, along with Vernon Ubico, played crucial roles as brokers in facilitating this transaction. Their expertise in the Miami Beach market helped bring together the buyer, Sven Vogtland, and seller, Marco Ferri, ensuring a successful sale of this SFR property on Alton Road.

Players

Vernon Ubico

Broker

$6.7M

vol

3 deals

Broker

Marco Ferri

Seller

$5.4M

vol

2 deals

Seller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.02%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93