Robert Smith Purchases Single Family Home In Surfside For $5.15M With Marco Tine As Buyer's Rep
500 94th Street
$5,150,000
$1,551/SF
Building Size
3,320 SF
Asset Type
Single Family Residence
Closing
Jun 14, 2026
AI
The property asset involved in the transaction is a single-family home located at 500 94th Street in Surfside. The sale price for this property was $5,150,000, and it encompasses a total square footage of 3,320 square feet, equating to a price per square foot of $1,551.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $5,150,000
- Address: 500 94th Street
- Market: Surfside
- Square Footage: 3,320 SF
- Price Per Square Foot: $1,551
- Buyer: Robert Smith
- Seller: Juan Valdes
- Buyer's Representative: Marco Tine - Serhant
This transaction highlights the involvement of key players, with Marco Tine representing the buyer, Robert Smith, in the deal. The seller of the property was Juan Valdes, who transferred ownership of the asset in this transaction.
Market 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
3.08%
Cash-on-Cash
-0.88%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93