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3339 Sunset LLC Purchases Miami Beach Single Family Home From Frank Toskan For $31.99M

Property Image
SOLD
$31,999,999
Annie de la Rosa
FT

Florida

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Single Family22,938 SF
Sold 01/15/2026
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Property Image
SOLD

3339 Sunset LLC Purchases Miami Beach Single Family Home From Frank Toskan For $31.99M

1833 West 24th Street & 1839 West 24th Street

See Similar Deals
Single Family22,938 SF
Sold 01/15/2026
Annie de la Rosa
FT
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,395
Total Square Footage:22,938 SF
Transaction Type:Sale

The transaction involves two adjacent properties located at 1833 and 1839 West 24th Street in Miami Beach. The total sale price for the properties was $31,999,999. The asset comprises a 6,700-square-foot three-bedroom home and a 4,200-square-foot five-bedroom home, both equipped with pools and docks. The entire assemblage sits on a 0.6-acre lot in an ultra-luxury market characterized by rising cash-funded sales exceeding $30 million.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $31,999,999
  • Address: 1833 & 1839 West 24th Street
  • Market: Miami Beach
  • Square Footage: 11,469
  • Price Per Square Foot: $2,790
  • Buyer: Frank Toskan
  • Seller: 3339 Sunset LLC
  • Broker: Annie de la Rosa - Douglas Elliman

Frank Toskan, a notable beauty mogul, was the buyer in this transaction, acquiring the properties from 3339 Sunset LLC. The deal reflects a significant appreciation in value since Toskan's purchase in 2021, where he acquired the properties for $20.3 million.

Players

Annie de la Rosa
Douglas Elliman
Annie de la Rosa
4 deals$47.8M volume
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE
FT
Frank Toskan
1 deal$32M volume
BUYER

Details

SOLD
IMAGE: Frank Toskan & Annie de la Rosa DATE: 01/15/2026 ADDRESS: 1833 & 1839 West 24th Street MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.6 BUYER: Frank Toskan SELLER: 3339 Sunset LLC BROKER: Annie de la Rosa - Douglas Elliman (@DouglasElliman) SALE PRICE: $31,999,999 SF: 11,469 ~ PPSF: $2,790 NOTE: Beauty mogul Frank Toskan sold two adjacent Sunset Island III homes in Miami Beach for a combined $31.9M to 3339 Sunset LLC, above his 2021 purchase price of $20.3M. The 0.6-acre assemblage includes a 6,700‑SF three-bedroom home and a 4,200‑SF five-bedroom home, both with pools and docks, amid a Miami Beach ultra-luxury market seeing rising cash‑funded sales above $30M.

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Operating Expenses (Annual)
Net Operating Income (NOI)

$1,706,666.61

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$113,689.24
Cash-on-Cash Return-1.27%
Monthly Debt Service$151,696.32
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