Updated Dec 4, 2024
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
About this deal
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
Loading comparables…
Deal FAQ
Visit Sharon Beck to view all their deals.
Browse Miami Beach single family residence sales on Traded.
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