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4422 Alton Road, Miami Beac...

Justin D’Adamo Acquires SFR In Miami Beach For $2.7M
SOLDSingle Family Residence

Justin D’Adamo Acquires SFR In Miami Beach For $2.7M

4422 Alton Road, Miami Beach, Florida 33140, United States

$2,725,000

$847/SF

Building Size

3,214 SF

Asset Type

Single Family Residence

Closing

Mar 8, 2022

AI

A single-family residence located at 4422 Alton Road in Miami Beach has recently been sold for a total price of $2,725,000. The transaction took place on 03/09/2022 and the property spans across 3,214 square feet. With a price per square foot of $848, this property offers a unique opportunity for potential buyers.

Summary of transaction details

The buyer, Justin D’Adamo, acquired the property from the seller, Ali Weiss, with the assistance of broker David Pullman from One Sotheby's International Realty. This transaction highlights the expertise and connections of the respective individuals and companies involved.

Players

David Pullman

Sotheby's International Realty

Broker

$94.3M

vol

13 deals

Broker

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

5.82%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93