James Hait - Douglas Elliman Acquires SFR In Miami Beach For $5.2M

A single-family home located at 3125 Pine Tree Drive in Miami Beach has been sold. The property features a total interior space of 6,188 square feet and an exterior space of 19,400 square feet. The sale took place on 05/27/2021 for a price of $5,200,000, with an asking price of $5,250,000. The price per square foot for this transaction was $840.

Summary of transaction details

• Property Type: SFR
• Transaction Amount: $5,200,000
• Address: 3125 Pine Tree Drive
• Market: Miami Beach

James Hait from Douglas Elliman represented the buyer in this transaction, while Adina Bistritzky from Eden Properties represented the seller. Interestingly, Adina Bistritzky also represented the buyers when they originally purchased the property for $4,300,000. Only 10 weeks later, they were able to sell it for $5,200,000, making a profit of $900,000.