Jeremy Traster Sells Single Family Home At 5621 Alton Road Miami Beach For $2.3M
5621 Alton Road
$2,300,000
$752/SF
Building Size
3,057 SF
Asset Type
Single Family Residence
Closing
Aug 25, 2025
AI
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
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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93