$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
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