Brett S Carlson Acquires Single Family Property On Pine Tree Dr In Miami Beach For $18M
SOLD
$18,000,000
Florida
See Similar DealsSingle Family Residence6,678 SF
Sold 06/07/2022
SOLD
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
See Similar DealsSingle Family Residence6,678 SF
Sold 06/07/2022
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$2,695
Total Square Footage:6,678 SF
Transaction Type:Sale
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.
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Single-Family Rental Investment Trends ReportQ3 2025
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$960,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$63,950.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,329.18
Annual Debt Service$1,023,950.20
Is there something missing? Send suggestions