Updated Dec 21, 2023
Brett S Carlson Acquires Single Family Property On Pine Tree Dr In Miami Beach For $18M
5311 Pine Tree Drive, Miami Beach, Florida 33140, United States
$18,000,000
$2,695/SF
Building Size
6,678 SF
Asset Type
Single Family Residence
Closing
Jun 6, 2022
About this deal
AI
The property at 5311 Pine Tree Dr in Miami Beach, FL has been sold for $18,000,000. It is a single-family home with a total square footage of 6,678. The price per square foot for this transaction is $2,695.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $18,000,000
- Address: 5311 Pine Tree Dr, Miami Beach, FL
- Square Footage: 6,678
- Price per Square Foot: $2,695
The buyer of the property is Brett S Carlson, while the sellers are Michael B Raynes and Roberto Raynes.
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93