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Pine Tree Dr, Miami Beach, ...

Oliver Lloyd & Jill Hertzberg Sell Miami Beach SFR For $12.5M
SOLDSingle Family Residence

Oliver Lloyd & Jill Hertzberg Sell Miami Beach SFR For $12.5M

Pine Tree Dr, Miami Beach, FL, USA

$12,500,000

$1,838/SF

Building Size

6,800 SF

Asset Type

Single Family Residence

Closing

Feb 17, 2021

AI

Oliver Lloyd and Jill Hertzberg were the buyer's and seller's representatives, respectively, in the recent sale of a Single Family Residence (SFR) in Miami Beach. The property, located at 6401 Pine Tree Dr. Circle, was sold by Thomas and Anne Dixon. The transaction took place on February 18, 2021.

Summary of transaction details:

  • Property Type: SFR
  • Sale Price: $12,500,000
  • Square Footage: 6,800
  • Price per Square Foot: $1,912
  • Market: Miami Beach

Oliver Lloyd, known as @LivSellsMiami, represented the buyer in this transaction, while Jill Hertzberg served as the seller's representative. The SFR has a total area of 6,800 square feet and was sold for a price of $12,500,000, resulting in a price per square foot of $1,912.

Players

Jill Hertzberg

Coldwell Banker

Broker

$2.4B

vol

92 deals

Broker

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93