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4490 Pine Tree Drive

Sharon Beck Of The Agency Represents Both Buyer And Seller In $4.22M Miami Beach Sale
SOLDSingle Family Residence

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

Sharon Beck

The Agency

Broker

$84M

vol

11 deals

Broker

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