Davide Danese Purchases Single Family Home From Robin West For $2.6M In Miami Beach
SOLD
$2,600,000
Florida
See Similar DealsSingle Family Residence3,347 SF
Sold 06/18/2025
SOLD
Davide Danese Purchases Single Family Home From Robin West For $2.6M In Miami Beach
5237 Alton Road
See Similar DealsSingle Family Residence3,347 SF
Sold 06/18/2025
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$776
Total Square Footage:3,347 SF
Transaction Type:Sale
The property involved in the transaction is a single-family home located at 5237 Alton Road in the Miami Beach market. The sale price was $2,600,000, and the home encompasses a total square footage of 3,347 with a price per square foot of $776.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,600,000
- Address: 5237 Alton Road
- Market: Miami Beach
- Square Footage: 3,347
- Price per Square Foot: $776
- Buyer: Davide Danese
- Seller: Robin West
- Seller's Representative: Nancy Batchelor & Carolyn Batchelor - Compass
This transaction was facilitated by Nancy Batchelor and Carolyn Batchelor, who represented the seller in this deal. Their association with Compass highlights the involvement of a reputable agency in the broker representation for this property sale.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$138,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,237.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,325.33
Annual Debt Service$147,903.92
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