James Curnin And Jennifer Halegua Purchase Single Family Home In Miami Beach For $10.63M
6666 Pine Tree Lane
$10,625,000
$2,712/SF
Building Size
3,917 SF
Asset Type
Single Family Residence
Closing
Apr 1, 2025
AI
The property asset involved in the transaction is a single-family home located at 6666 Pine Tree Lane in Miami Beach. The property has a total square footage of 3,917 and was sold for $10,625,000, equating to a price per square foot of $2,712.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,625,000
- Address: 6666 Pine Tree Lane
- Market: Miami Beach
- Buyer: James Curnin and Jennifer Halegua
- Seller: Alejandro Velez
- Buyer's Representative: Jordan Karp - Jordan Karp LLC
- Seller's Representatives: Daniel Hertzberg & Jill Hertzberg - Coldwell Banker
- Square Footage: 3,917
- Price Per Square Foot: $2,712
This transaction featured notable individuals from the real estate sector, including the buyer's representative, Jordan Karp from Jordan Karp LLC, and the seller's representatives, Daniel Hertzberg and Jill Hertzberg from Coldwell Banker. Their involvement highlights the collaboration between experienced professionals in facilitating this high-value sale.
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
1.49%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93