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Single Family Home At 6650 Pine Tree Lane Sold For $7.6 Million In Miami Beach

Property Image
SOLD
$7,599,000
Nelson Gonzalez
Jordan Karp
Michael Buttacavoli

Florida

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Single Family Residence4,160 SF
Sold 05/02/2025
the dealplayerscompscontact
Property Image
SOLD

Single Family Home At 6650 Pine Tree Lane Sold For $7.6 Million In Miami Beach

6650 Pine Tree Lane

See Similar Deals
Single Family Residence4,160 SF
Sold 05/02/2025
Nelson Gonzalez
Jordan Karp
Michael Buttacavoli
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,826
Total Square Footage:4,160 SF
Transaction Type:Sale

The property involved in this transaction is a single-family home located at 6650 Pine Tree Lane in the Miami Beach market. It was sold for $7,599,000, boasting a total square footage of 4,160 and a price per square foot of $1,826.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $7,599,000
  • Square Footage: 4,160
  • Price Per Square Foot: $1,826
  • Address: 6650 Pine Tree Lane
  • Market: Miami Beach

The individuals involved in this transaction include brokers Jordan Karp from Jordan Karp LLC, along with Nelson Gonzalez and Michael Buttacavoli from Berkshire Hathaway HomeServices, representing the seller in this deal.

Players

Nelson Gonzalez
Berkshire Hathaway HomeServices
Nelson Gonzalez
44 deals$761.2M volume
BROKER
Jordan Karp
Jordan Karp
51 deals$707.7M volume(305) 610-1689
BROKER
Michael Buttacavoli
Berkshire Hathaway HomeServices
Michael Buttacavoli
2 deals$10.7M volume(305) 308-5690
BROKER

Details

SOLD
IMAGE: Nelson Gonzalez, Jordan Karp & Michael Buttacavoli DATE: 5/2/2025 ADDRESS: 6650 Pine Tree Lane MARKET: Miami Beach ASSET TYPE: Single Family BROKERS: Jordan Karp (@JayKarp) - Jordan Karp LLC (@JordanKarpLLC); Nelson Gonzalez (@nelsongonzalezmiami) & Michael Buttacavoli (@Buttainmiami) - Berkshire Hathaway HomeServices (@BHHSRealEstate) SOURCE: MIAMI, MLS#:A11652433 SALE PRICE: $7,599,000 SF: 4,160 ~ PPSF: $1,826

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$405,280.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,997.64
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,023.14
Annual Debt Service$432,277.64