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2950 Alton Road

Updated Dec 4, 2024

Laura Curson Of Coldwell Banker Represents Buyer In $2.43M Miami Beach Single Family Home Sale
SOLDSingle Family

Laura Curson Of Coldwell Banker Represents Buyer In $2.43M Miami Beach Single Family Home Sale

2950 Alton Road

$2,432,500

$778/SF

Building Size

3,123 SF

Asset Type

Single Family

Closing

May 2, 2024

About this deal

AI

The property located at 2950 Alton Road in Miami Beach is a Single Family home with a total square footage of 3,123. The transaction, closed on 05/02/2024, involved a sale price of $2,432,500, equating to a price per square foot of $779.

Summary of transaction details:

Laura Curson of Coldwell Banker represented the buyer in this real estate deal, while David Hunt Solomon and Jacqueline Oliva of Berkshire Hathaway HomeServices represented the seller. The collaboration between these individuals ensured the successful completion of the transaction in Miami Beach.

On the Map

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$2,432,500

$778/SF

Single Family

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Players

David Hunt Solomon

Coldwell Banker

Broker

$186.9M

vol

29 deals

Broker
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Miami Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Deal FAQ

About $778 per square foot on a published $2.4M for 3,123 square feet (2024).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.52%

Cash-on-Cash

-1.86%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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