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6431 Allison Road, Miami Be...

Adam Wyden Acquires SFR In Miami Beach For $13.9M From Seller James Curnin - Clara Homes
SOLDSingle Family Residence

Adam Wyden Acquires SFR In Miami Beach For $13.9M From Seller James Curnin - Clara Homes

6431 Allison Road, Miami Beach, FL, USA

$13,875,000

$1,982/SF

Building Size

7,000 SF

Asset Type

Single Family Residence

Closing

Jul 15, 2021

AI

An SFR located at 6431 Allison Road in Miami Beach has been sold in a record-breaking transaction. The property spans 7,000 square feet and was sold for a price of $13,875,000, resulting in a price per square foot of $1,982. This sale has garnered significant attention due to its exceptional value.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $13,875,000
  • Address: 6431 Allison Road, Miami Beach
  • Market: Miami Beach

The buyer of the property is Adam Wyden, while James Curnin, representing Clara Homes, acted as the seller. The transaction was facilitated by Oliver Lloyd from Douglas Elliman, who served as the broker. This team of individuals played crucial roles in completing the sale.

This successful transaction demonstrates the desirability and value of properties in Miami Beach's real estate market. It sets a benchmark for future deals on Allison Island and serves as a testament to the expertise and professionalism of everyone involved.

Players

Oliver Lloyd

Douglas Elliman

Broker

$202.1M

vol

13 deals

Broker

Adam Wyden

Buyer

$19.4M

vol

2 deals

Buyer
James Curnin

James Curnin

Clara Homes

Seller

$207.5M

vol

9 deals

Seller

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

1.14%

Cash-on-Cash

-0.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93