Updated Oct 29, 2024
Todd Michael Glaser Acquires SFR In Miami Beach For $5M
4640 North Bay Road, Miami Beach, FL, USA
$5,000,000
$2,449/SF
Building Size
2,041 SF
Asset Type
Single Family Residence
Closing
Mar 3, 2021
About this deal
AI
In a recent closed transaction in Miami Beach, a single family home located at 4640 North Bay Road was sold for a price of $5,000,000. The property spans 2,041 square feet, resulting in a price per square foot of $2,450.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,000,000
- Address: 4640 North Bay Road
- Market: Miami Beach
- Square Footage: 2,041
- Price per Square Foot: $2,450
The buyer in this transaction was Todd Michael Glaser, while the seller was North Bay LLC.
Note: No additional information is available about this transaction.
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $2.4K per square foot on a published $5M for 2,041 square feet (2021).
Visit Todd Michael Glaser to view all their deals.
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93