Sharon Beck Of The Agency Represents Both Buyer And Seller In $4.22M Miami Beach Sale
4490 Pine Tree Drive
$4,220,000
$1,055/SF
Building Size
4,000 SF
Asset Type
Single Family Residence
Closing
Oct 11, 2024
AI
The property involved in this transaction is a single-family home located at 4490 Pine Tree Drive in Miami Beach. This asset sold for a price of $4,220,000 and has a size of 4,000 square feet, with a price per square foot of $1,055.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $4,220,000
- Address: 4490 Pine Tree Drive
- Market: Miami Beach
- Square Footage: 4,000
- Price per Square Foot: $1,055
- Broker: Sharon Beck - The Agency
Sharon Beck of The Agency Miami represented both the buyer and the seller in this off-market transaction, which was completed in less than a week and involved an all-cash deal. With over 30 years of experience as a Miami Beach resident, she utilized her extensive database in real estate and concierge services to ensure a smooth process for her clients. Follow her at @Sharonsellsmiami.
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
3.76%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93