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
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.
Players
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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93