Jordan Karp Of Jordan Karp LLC Represents Both Buyer And Seller In $21M Miami Beach Sale
SOLD
$21,000,000
Florida
See Similar DealsSingle Family Residence6,549 SF
Sold
SOLD
Jordan Karp Of Jordan Karp LLC Represents Both Buyer And Seller In $21M Miami Beach Sale
6620 Allison Road
See Similar DealsSingle Family Residence6,549 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$3206
Total Square Footage:6549 SF
Transaction Type:Sale
The asset involved in this transaction is a single-family residence located at 6620 Allison Road, Miami Beach. The property was sold for $21,000,000, encompassing a total area of 6,549 square feet, resulting in a price per square foot of $3,206.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $21,000,000
- Address: 6620 Allison Road
- Market: Miami Beach
- Square Footage: 6,549
- Price Per Square Foot: $3,206
- Seller: Arthur Weissmann & W Trudy
- Broker: Jordan Karp - Jordan Karp LLC
Jordan Karp of Jordan Karp LLC represented both the Buyer and Seller in this sale, indicating his central role in facilitating the transaction. His involvement highlights the brokerage's capacity to handle high-value deals within the Miami Beach market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Similar News
No recent news available for this market
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Listings
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,120,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$74,608.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$99,550.71
Annual Debt Service$1,194,608.56
Is there something missing? Send suggestions