Jason & Renee Greenberg Acquire SFR On Pine Tree Drive, Miami Beach For $8.15M
SOLD
$8,150,000
Florida
See Similar DealsSingle Family Residence6,822 SF
Sold 03/18/2020
SOLD
Jason & Renee Greenberg Acquire SFR On Pine Tree Drive, Miami Beach For $8.15M
5821 Pine Tree Drive, Miami Beach, FL, USA
See Similar DealsSingle Family Residence6,822 SF
Sold 03/18/2020
Summary
FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,194
Total Square Footage:6,822 SF
Transaction Type:Sale
Located at 5821 Pine Tree Drive in Miami Beach, this single-family home (SFR) was recently sold on March 18, 2020. The property spans an impressive 6,822 square feet.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $8,150,000
- Market: Miami Beach
The buyers of this property are Jason and Renee Greenberg, while the sellers are Anthony Kennedy Shriver and Alina Shriver. Acting as the broker in this transaction was Esther Percal from Berkshire Hathaway Home Services.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$434,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$28,955.23
Cash-on-Cash Return-1.27%
Monthly Debt Service$38,635.16
Annual Debt Service$463,621.90
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