A Miami Beach attorney sold his waterfront home on Allison Island for $ 5 million.
Jonathan D. Beloff and his wife Marisue sold their home at 6525 Allison Road to 6525 Allison LLC, a Florida company owned by Matthew Sidman.
Jonathan Beloff is the founder and senior partner of Beloff Law, PA in Miami Beach. The company specializes in trading and financing transactions, according to its website. He founded the company in 1999.
Property records show the Belloffs bought the property in 1985 for $ 340,000. The house was built in 1937. According to records, the Beloffs have made improvements such as replacing windows and roofs.
The house went on sale in June and fetched $ 6.2 million. The last price was $ 5.8 million in October.
Ida Schwartz from Compass represented the sellers, and Simone Weissman from Berkshire Hathaway HomeServices EWM Realty represented the buyers, according to Realtor.com.
The 3,558-square-foot home is listed on 16,200-square-foot waterfront property with a 75-foot waterfront. The home has five bedrooms and five bathrooms.
Last month, a waterfront home on Allison Island sold for $ 13 million.
Last year, a French insurance chief paid $ 6.4 million for a waterfront mansion on Allison Island, and Gregg Covin sold a custom home for $ 12.5 million.
Contact Jordan Pandy