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2321 North Bay Road

Paul Goldstein Of Casa De Tortuga Purchases Miami Beach Single Family Home For $7.65M
SOLDSingle Family Residence

Paul Goldstein Of Casa De Tortuga Purchases Miami Beach Single Family Home For $7.65M

2321 North Bay Road

$7,650,000

$1,586/SF

Building Size

4,823 SF

Asset Type

Single Family Residence

Closing

Jan 14, 2026

AI

The property asset involved in this transaction is a single-family home located at 2321 North Bay Road in Miami Beach. The sale price was $7,650,000, with a total square footage of 4,823, which results in a price per square foot of $1,586.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $7,650,000
  • Address: 2321 North Bay Road
  • Market: Miami Beach
  • Square Footage: 4,823
  • Price per Square Foot: $1,586
  • Buyer: Paul Goldstein - Casa De Tortuga
  • Seller: Peter Schatzberg
  • Broker Representatives: Kevin Crego & Chris King - Compass

The transaction involved key individuals such as Paul Goldstein, representing Casa De Tortuga as the buyer, and Peter Schatzberg, the seller. The brokers facilitating the deal were Kevin Crego and Chris King, who are associated with Compass.

Players

Kevin Crego

Compass

Broker

$48.4M

vol

5 deals

Broker
Compass
CompassBrokerage

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

2.07%

Cash-on-Cash

-0.59%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93