Single Family Home At 6650 Pine Tree Lane Sold For $7.6 Million In Miami Beach
6650 Pine Tree Lane
$7,599,000
$1,826/SF
Building Size
4,160 SF
Asset Type
Single Family Residence
Closing
May 1, 2025
AI
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
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
2.09%
Cash-on-Cash
-0.60%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93