Henry Bush Sells SFR In Miami Beach For $5.7M With Buyer's Rep Christiaan De La Fe & Seller's Rep Robert Evangelista
5288 Alton Road, Miami Beach, Florida 33140, United States
$5,675,000
$1,519/SF
Building Size
3,734 SF
Asset Type
Single Family Residence
Closing
Feb 28, 2022
AI
Located in Miami Beach, this single-family home is situated at 5288 Alton Road. Spread across 3,734 square feet, this property offers ample living space. The transaction took place on March 1, 2022, with a sale price of $5,675,000. The price per square foot comes out to be $1,520, reflecting the value of the property in the competitive Miami Beach market.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $5,675,000
- Market: Miami Beach
- Square Footage: 3,734
Henry Bush, the seller, enlisted the services of Robert Evangelista from ONE Sotheby's International Realty as the seller's representative in this deal. On the other hand, Christiaan De La Fe from the same agency acted as the buyer's representative, ensuring a smooth transaction process.
Players
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
2.80%
Cash-on-Cash
-0.80%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93