A waterfront house located at 5515 Pine Tree Drive in Miami Beach has been sold by Megan Hernandez. The property, listed by broker Howard Chase of Howard Chase Real Estate, was recently sold for a price of $6,100,000. The single-family residence spans over 4,183 square feet and was sold at an average price per square foot of $1,458.

Summary of transaction details

• Property Type: Single-Family Residence
• Transaction Amount: $6,100,000
• Address: 5515 Pine Tree Drive, Miami Beach
• Market: Miami Beach
• Broker: Howard Chase - Howard Chase Real Estate
• Asking Price: $6,200,000
• Square Footage: 4,183
• Price Per Square Foot: $1,458

Howard Chase, a renowned Miami luxury power broker, successfully spearheaded the sale of the Pine Tree Drive waterfront house. Impressively, this marks the second time the property has changed hands in just 19 months, with its price nearly doubling. In his reflections on the transaction, Chase credited his marketing strategy for tapping into the demand that currently fuels the Miami market. By specifically targeting the buying base in his refined plan, Chase attributes his success to connecting with the right groups.