Updated Oct 29, 2024
6525 Allison LLC Acquires SFR In Miami Beach For $5.17M With Berkshire Hathaway HomeServices Rep
6525 Allison Road, Miami Beach, FL, USA
$5,171,250
$1,453/SF
Building Size
3,558 SF
Asset Type
Single Family Residence
Closing
Feb 28, 2021
About this deal
AI
A single-family residential property located at 6525 Allison Road in Miami Beach was recently sold for a price of $5,171,250. The transaction took place on 03/01/2021 and involved the sale of a property with a total area of 3,558 square feet. The buyer was 6525 Allison LLC, while the seller was Marisue Beloff and Jonathan D. Beloff from Beloff Law, P.A.
Summary of transaction details:
- Property Type: Single-Family Residential (SFR)
- Transaction Amount: $5,171,250
- Address: 6525 Allison Road, Miami Beach
- Market: Miami Beach
Simone Weissman from Berkshire Hathaway HomeServices EWM Realty represented the buyer, 6525 Allison LLC, in this transaction. On the other side, Ida Schwartz and Minette Schwartz from Compass represented the sellers, Marisue Beloff and Jonathan D. Beloff of Beloff Law, P.A.
With a price per square foot of $1,453, this sale represents a significant transaction in the Miami Beach real estate market.
On the Map
$5,171,250
$1,453/SF
Single Family Residence
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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
3.07%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93