Updated Dec 4, 2024
Bradley Carlson Buys Single Family Home In Miami Beach For $3.6M
5801 Alton Road
$3,600,000
$972/SF
Building Size
3,701 SF
Asset Type
Single Family
Closing
Jun 4, 2024
About this deal
AI
The single-family property located at 5801 Alton Road in Miami Beach was sold for $3,600,000. The property spans 3,701 square feet, resulting in a price per square foot of $973. The transaction took place on 06/04/2024 with Bradley Carlson as the buyer and Gary Hale as the seller. The seller was represented by Nancy Batchelor and Andrew Holtz from Compass.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $3,600,000
- Address: 5801 Alton Road
- Market: Miami Beach
- Square Footage: 3,701
- Buyer: Bradley Carlson
- Seller: Gary Hale
- Seller's Rep: Nancy Batchelor & Andrew Holtz - Compass
The transaction involved Andrew Holtz and Nancy Batchelor representing the seller, Gary Hale, and were part of the real estate agency Compass. This deal brought together key individuals in the real estate industry facilitating the successful sale of the property in Miami Beach.
On the Map
$3,600,000
$972/SF
Single Family
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Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Deal FAQ
About $972 per square foot on a published $3.6M for 3,701 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.41%
Cash-on-Cash
-1.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93