Updated Oct 25, 2024
Andres Isaias & Alejandro Diaz Bazan Acquire SFR In Miami Beach For $19M
6385 Pinetree Drive Circle
$19,000,000
$1,533/SF
Building Size
12,394 SF
Asset Type
Single Family Residence
Closing
Jun 7, 2021
About this deal
AI
A single-family home located at 6385 Pinetree Drive Circle in Miami Beach, Florida has been sold for $19,000,000. The property, with a total area of 12,394 square feet, was purchased by Andres Isaias & Alejandro Diaz Bazan.
Summary of transaction details:
- Property Type: Single-Family Home
- Transaction Amount: $19,000,000
- Address: 6385 Pinetree Drive Circle, Miami Beach, FL
- Market: Miami Beach, FL
Alejandro Diaz Bazan, who acted as the representative of the buyers, facilitated the deal. The seller of the property was Gavin Werbeloff.
On the Map
$19,000,000
$1,533/SF
Single Family Residence
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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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93