Updated Dec 20, 2023
Howard Chase Real Estate Sells Single Family Home On Pine Tree Drive In Miami Beach For $4.3M
3125 Pine Tree Drive, Miami Beach, FL, USA
$4,300,000
$694/SF
Building Size
6,188 SF
Asset Type
Single Family Residence
Closing
Mar 9, 2021
About this deal
AI
A single-family property located at 3125 Pine Tree Drive in Miami Beach has been sold for $4,300,000. The property, spanning 6,188 square feet, was listed for an asking price of $4,650,000. It boasts a price per square foot of $695, making it an attractive investment opportunity.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $4,300,000
- Square Footage: 6,188
- Address: 3125 Pine Tree Drive, Miami Beach
- Asking Price: $4,650,000
- Price per Square Foot: $695
The deal was facilitated by Howard Chase Real Estate, who acted as the broker in the transaction. Their expertise and knowledge of the Miami Beach market played a crucial role in closing the deal successfully.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Deal FAQ
About $694 per square foot on a published $4.3M for 6,188 square feet (2021).
Browse Florida single family residence sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93