Paul Goldstein Of Casa De Tortuga Purchases Miami Beach Single Family Home For $7.65M
SOLD
$7,650,000
Florida
See Similar DealsSingle Family Residence4,823 SF
Sold 01/15/2026
SOLD
Paul Goldstein Of Casa De Tortuga Purchases Miami Beach Single Family Home For $7.65M
2321 North Bay Road
See Similar DealsSingle Family Residence4,823 SF
Sold 01/15/2026
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,586
Total Square Footage:4,823 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$408,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,178.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,264.90
Annual Debt Service$435,178.83
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