Updated Sep 9, 2024
Merve Gumusyazici Acquires SFR In Miami Beach For $1.25M
6025 Alton Rd, Miami Beach, FL, USA
$1,250,000
$708/SF
Building Size
1,765 SF
Asset Type
Single Family Residence
Closing
Feb 4, 2021
About this deal
AI
A single-family residential property located at 6025 Alton Rd. in Miami Beach has been sold. The sale was completed on 02/05/2021.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $1,250,000
- Square Footage: 1,765
- Price per Square Foot: $708
- Asking Price: $1,350,000
- Buyer's Representative: Merve Gumusyazici
- Seller's Representative: Jon Kotler
Merve Gumusyazici represented the buyer in this transaction, while Jon Kotler acted as the seller's representative.
The single family residence sale at 6025 Alton Rd, Miami Beach, FL, USA in Miami Beach, Florida sold for $1.3M in 2021. The building is 1,765 square feet, implying about 708 per square foot on the published price. Merve Gumusyazici, Jon Kotler, Sotheby's International Realty, Keller Williams Realty appear on the sale alongside Sotheby's International Realty, Keller Williams Realty. This page is the Miami Beach, Florida file for the 6025 Alton Rd, Miami Beach, FL, USA single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Miami Beach sit in the Market section below. Filter that Miami Beach single family residence set by closing date to see what else sold near 6025 Alton Rd, Miami Beach, FL, USA around 2021. Published consideration for 6025 Alton Rd, Miami Beach, FL, USA is $1.3M, dated 2021. Cite this Merve Gumusyazici Acquires SFR In Miami Beach For $1.25M sale when underwriting similar single family residence product around Miami Beach, Florida.
On the Map
$1,250,000
$708/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $708 per square foot on a published $1.3M for 1,765 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
12.69%
Cash-on-Cash
-3.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93