Laura Curson Of Coldwell Banker Represents Buyer In $2.43M Miami Beach Single Family Home Sale
SOLD
$2,432,500
Florida
See Similar DealsSingle Family3,123 SF
Sold 05/02/2024
SOLD
Laura Curson Of Coldwell Banker Represents Buyer In $2.43M Miami Beach Single Family Home Sale
2950 Alton Road
See Similar DealsSingle Family3,123 SF
Sold 05/02/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$778
Total Square Footage:3,123 SF
Transaction Type:Sale
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:
- Property Type: Single Family
- Transaction Amount: $2,432,500
- Address: 2950 Alton Road
- Market: Miami Beach
- Buyer's Rep: Laura Curson - Coldwell Banker
- Seller's Rep: David Hunt Solomon & Jacqueline Oliva - Berkshire Hathaway HomeServices
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$129,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,642.17
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,531.29
Annual Debt Service$138,375.49
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