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5501 Pine Tree Dr, Miami Be...

Updated Dec 19, 2023

Julian & Natalia Saban Acquires SFR In Miami Beach From Floyd Mayweather Jr. For $6.3M
SOLDSingle Family Residence

Julian & Natalia Saban Acquires SFR In Miami Beach From Floyd Mayweather Jr. For $6.3M

5501 Pine Tree Dr, Miami Beach, FL 33140, USA

$6,300,000

$121/SF

Building Size

52,000 SF

Asset Type

Single Family Residence

Closing

Oct 21, 2020

About this deal

AI

The recently closed transaction in Miami Beach involves the sale of a single-family home located at 5501 Pine Tree Drive. The property, owned by former professional boxer Floyd Mayweather Jr., was sold for a price of $6,300,000. With a total square footage of 5,200, the price per square foot for this property is $1,212.

Summary of transation details

  • Property Type: Single-Family Home
  • Transaction Amount: $6,300,000
  • Address: 5501 Pine Tree Drive, Miami Beach
  • Market: Miami Beach
  • Square Footage: 5,200
  • Price per Square Foot: $1,212

The buyer in this transaction is Julian and Natalia Saban, while the seller is Floyd Mayweather Jr. No additional details regarding the parties involved or the transaction were provided.

Players

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

About $121 per square foot on a published $6.3M for 52,000 square feet (2020).

Browse Florida single family residence sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.52%

Cash-on-Cash

-0.72%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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