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6385 Pine Tree Dr Cir, Miam...

$28.1M Sale Of Miami Beach SFR On Pine Tree Dr Circle With The Jills Zeder Group - Coldwell Banker
SOLDSingle Family Residence

$28.1M Sale Of Miami Beach SFR On Pine Tree Dr Circle With The Jills Zeder Group - Coldwell Banker

6385 Pine Tree Dr Cir, Miami Beach, FL, USA

$28,100,000

$2,267/SF

Building Size

12,394 SF

Asset Type

Single Family Residence

Closing

Aug 31, 2021

AI

Located in the beautiful market of Miami Beach, this single-family residence (SFR) at 6385 Pine Tree Dr Circle has recently been sold. The property spans 12,394 square feet and is situated on a desirable lot. The transaction took place on September 1, 2021, and involved a sales price of $28,100,000, resulting in a price per square foot of $2,267.

Summary of transaction details:

  • Property Type: SFR
  • Transaction Amount: $28,100,000

The seller, Andres Isaias and Alejandro Diaz Bazan, successfully completed the sale of this property. Representing the buyer was Jill Hertzberg from The Jills Zeder Group, part of Coldwell Banker. On the other side, the seller's representation was Danny Hertzberg and Alejandro Diaz Bazan, also from The Jills Zeder Group at Coldwell Banker. Together, they navigated the complexities of this transaction to ensure a successful deal for both parties involved.

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

92 deals

Broker
Andres Isaias

Andres Isaias

Seller

$157.1M

vol

8 deals

Seller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.56%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93