Jaron And Sara Kanfer Acquire Miami Beach Single Family Home From Mauricio Kirschner For $2.78M
SOLD
Florida
See Similar DealsSingle Family Residence12,000 SF
Sold
SOLD
Jaron And Sara Kanfer Acquire Miami Beach Single Family Home From Mauricio Kirschner For $2.78M
4410 Alton Road
See Similar DealsSingle Family Residence12,000 SF
Sold
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$231
Total Square Footage:12000 SF
Transaction Type:Sale
The transaction involved a single-family property located at 4410 Alton Road in Miami Beach. The sale was finalized for a price of $2,782,500, with a total square footage of 12,000, resulting in a price per square foot of $231.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $2,782,500
- Address: 4410 Alton Road
- Market: Miami Beach
- Square Footage: 12,000
- Price per Square Foot: $231
- Buyer: Jaron & Sara Kanfer
- Seller: Mauricio Kirschner
- Buyer's Representative: Jordan Karp & Brandon Kessler - PMG Residential
- Seller's Representative: Saddy Abaunza Delgado & Chava Feigen - Sotheby's International Realty
Jaron and Sara Kanfer, the buyers, own an adjacent property on North Bay Road and have plans to combine both parcels, resulting in a total property size of approximately 0.55 acres. This development presents a rare estate-scale opportunity in Miami Beach.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$148,399.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,885.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,190.47
Annual Debt Service$158,285.63
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