Updated Apr 1, 2025
Bill Contente Sells Single Family Home In Miami Beach For $9.2 Million With Buyer’s Rep Todd Lewin
3125 Pine Tree Drive
$9,200,000
$1,486/SF
Building Size
6,188 SF
Asset Type
Single Family Residence
Closing
Mar 5, 2025
About this deal
AI
The asset involved in this transaction is a single-family home located at 3125 Pine Tree Drive in Miami Beach. The sale price was $9,200,000, reflecting a square footage of 6,188 and a price per square foot of $1,486.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $9,200,000
- Seller: Bill Contente
- Buyer's Representative: Todd Lewin - Compass
- Date of Transaction: 03/05/2025
Key individuals in the transaction include Bill Contente, the seller of the property, and Todd Lewin of Compass, who represented the buyer in this deal.
On the Map
$9,200,000
$1,486/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.5K per square foot on a published $9.2M for 6,188 square feet (2025).
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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