Michael A. Diaz Sells Pinecrest Single Family Home For $4.2 Million With Miami Brokers Group
5837 Southwest 102nd Street
$4,200,000
$829/SF
Building Size
5,066 SF
Asset Type
Single Family Residence
Closing
Jul 20, 2025
AI
The property involved in this transaction is a single-family home located at 5837 Southwest 102nd Street in Pinecrest. The asset was sold for $4,200,000, spanning an area of 5,066 square feet, which translates to a price per square foot of $829.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,200,000
- Address: 5837 Southwest 102nd Street
- Market: Pinecrest
- Square Footage: 5,066
- Price per Square Foot: $829
- Seller: Michael A. Diaz
- Seller's Representative: Michael A. Diaz - Miami Brokers Group
The deal was marked by the involvement of Michael A. Diaz, who represented himself as the seller. He expertly guided the transaction for out-of-state buyers relocating from New York, positioning himself as a key figure in the South Florida real estate market.
Players
Pinecrest 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
3.78%
Cash-on-Cash
-1.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93