Miami Beach SFR Sold For $9.2M Cash-Full Price By Ada Sasson - Cervera Real Estate, Inc
6301 Pine Tree Drive, Miami Beach, Florida 33140, United States
$9,200,000
$1,257/SF
Building Size
7,316 SF
Asset Type
MultiFamily
Closing
May 10, 2022
AI
Located at 6301 Pine Tree Dr in Miami Beach, this single-family residential property has been sold. The transaction was facilitated by broker Ada Sasson from Cervera Real Estate, Inc. The property boasts a total area of 7,852 square feet and was sold for a price of $9,200,000. This amounts to a price-per-square-foot (PPSF) value of $1,172.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $9,200,000
- Address: 6301 Pine Tree Dr
- Market: Miami Beach
- Broker: Ada Sasson - Cervera Real Estate, Inc.
This successful transaction was completed in cash for the full asking price. For more information or to get in touch with Ada Sasson and her team, you can reach out to them at (786) 586-4746 or via email at [email protected]. They are fluent in English, Spanish, and Hebrew.
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93