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Jeremy Traster Sells Single Family Home At 5621 Alton Road Miami Beach For $2.3M

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SOLD
$2,300,000

Florida

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Single Family Residence3,057 SF
Sold 08/26/2025
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Property Image
SOLD

Jeremy Traster Sells Single Family Home At 5621 Alton Road Miami Beach For $2.3M

5621 Alton Road

See Similar Deals
Single Family Residence3,057 SF
Sold 08/26/2025
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$752
Total Square Footage:3,057 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 5621 Alton Road in Miami Beach. The asset encompasses a total of 3,057 square feet and was sold at a price of $2,300,000, yielding a price per square foot of $752. The initial asking price for the property was $2,699,000.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $2,300,000
  • Address: 5621 Alton Road
  • Market: Miami Beach
  • Asking Price: $2,699,000
  • Square Footage: 3,057
  • Price Per Square Foot: $752
  • Seller: Jeremy Traster
  • Broker Representatives: Nancy Batchelor & Simone Weissman Stein - Compass

Key individuals in the transaction include the seller, Jeremy Traster, along with the broker representatives Nancy Batchelor and Simone Weissman Stein, both associated with Compass, who facilitated the deal. Their professional involvement contributes to the overall execution of this property transaction.

Players

Nancy Batchelor
52 deals$355.5M volume(305) 903-2850
BROKER

Simone Weissman Stein
Compass
8 deals$31.4M volume(305) 439-5525
BROKER

Compass
BROKERAGE

Details

SOLD
IMAGE: Nancy Batchelor & Simone Weissman Stein DATE: 08/26/2025 ADDRESS: 5621 Alton Road MARKET: Miami Beach ASSET TYPE: Single Family SELLER: Jeremy Traster BROKERS: Nancy Batchelor (@NancyBatchelorTeam) & Simone Weissman Stein (@Simone_W_Stein) - Compass (@Compass) ASKING PRICE: $2,699,000 SALE PRICE: $2,300,000 SF: 3,057 ~ PPSF: $752

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$122,666.66

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$8,171.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,903.17
Annual Debt Service$130,838.08