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2815 Pine Tree Drive

Miami Beach Home Sells for $6.2M. Buyer Represented by Oliver Lloyd, Seller by Simone Weissman Stein & Nancy Batchelor
SOLDSingle Family Residence

Miami Beach Home Sells for $6.2M. Buyer Represented by Oliver Lloyd, Seller by Simone Weissman Stein & Nancy Batchelor

2815 Pine Tree Drive

$6,200,000

$1,425/SF

Building Size

4,351 SF

Asset Type

Single Family Residence

Closing

Jun 26, 2025

AI

The property asset involved in the transaction is a single-family home located at 2815 Pine Tree Drive in Miami Beach. The sale price for the property was $6,200,000, featuring a total area of 4,351 square feet, which equates to a price per square foot of $1,424.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $6,200,000
  • Square Footage: 4,351
  • Price Per Square Foot: $1,424
  • Address: 2815 Pine Tree Drive
  • Market: Miami Beach
  • Buyer's Representative: Oliver Lloyd - Douglas Elliman
  • Seller's Representatives: Simone Weissman Stein & Nancy Batchelor - Compass

In this transaction, Oliver Lloyd represented the buyer, while Simone Weissman Stein and Nancy Batchelor represented the seller, facilitating the transfer of ownership for the property located at 2815 Pine Tree Drive.

Players

Nancy Batchelor

Compass

Broker

$352.3M

vol

51 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
Compass
CompassBrokerage

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.56%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93