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5621 Alton Road

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

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

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker
Compass
CompassBrokerage

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