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Jason & Renee Greenberg Acquire SFR On Pine Tree Drive, Miami Beach For $8.15M

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SOLD
$8,150,000

Florida

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Single Family Residence6,822 SF
Sold 03/18/2020
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Property Image
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 Deals
Single Family Residence6,822 SF
Sold 03/18/2020
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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.

Players

Esther Percal
8 deals$51.4M volume
BROKER

Details

SOLD
IMAGE: Anthony Kennedy Shriver, Alina Shriver & Esther Percal DATE: 03/18/2020 ADDRESS: 5821 Pine Tree Drive MARKET: Miami Beach ASSET TYPE: SFR PRICE: $8,150,000 SF: 6,822 PPSF: $1,194 BUYER: Jason & Renee Greenberg SELLER: Anthony Kennedy Shriver & Alina Shriver BROKER: Esther Percal - Berkshire Hathaway Home Services --

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Deal Type
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