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5314 Alton Road

Fatima McNell Purchases Single Family Home On Alton Road For $1.9M With Compass As Buyer’s Rep
SOLDSingle Family Residence

Fatima McNell Purchases Single Family Home On Alton Road For $1.9M With Compass As Buyer’s Rep

5314 Alton Road

$1,900,000

$871/SF

Building Size

2,181 SF

Asset Type

Single Family Residence

Closing

Jun 2, 2025

AI

The property asset involved in this transaction is a single-family home located at 5314 Alton Road in Miami Beach. The sale price for the property was $1,900,000, and it comprises a total area of 2,181 square feet, resulting in a price per square foot of $871.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $1,900,000
  • Address: 5314 Alton Road
  • Market: Miami Beach
  • Square Footage: 2,181 SF
  • Price per Square Foot: $871
  • Buyer: Fatima McNell
  • Seller: Robert Goubeaux & Osvaldo Arevalo
  • Buyer's Representative: Michelle Cardenas - Compass
  • Seller's Representative: Pamela Diaz De Leon - The Corcoran Group

This transaction highlights key individuals within the real estate market, showing Fatima McNell as the buyer of the property, while Robert Goubeaux and Osvaldo Arevalo represented the sellers. The deal was facilitated by Michelle Cardenas from Compass, representing the buyer, and Pamela Diaz De Leon from The Corcoran Group, representing the sellers.

Players

Michelle Cardenas

Compass

Broker

$8.7M

vol

5 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

8.35%

Cash-on-Cash

-2.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93