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5515 Pine Tree Drive

SOLDSingle Family Residence

Groupe Dayan Sells Miami Beach Single Family Home At 5515 Pine Tree Drive For $23.75M

5515 Pine Tree Drive

$23,750,000

$3,394/SF

Building Size

6,997 SF

Asset Type

Single Family Residence

Closing

Apr 16, 2026

AI

This single-family asset, located at 5515 Pine Tree Drive in Miami Beach, has been sold for $23,750,000. The property spans an area of 6,997 square feet, resulting in a price per square foot of $3,394.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $23,750,000
  • Address: 5515 Pine Tree Drive
  • Market: Miami Beach
  • Square Footage: 6,997
  • Price Per Square Foot: $3,394
  • Seller: Groupe Dayan
  • Seller's Representatives: Bill Hernandez, Bryan Sereny & Kaila Mardoyan - Douglas Elliman

Bill Hernandez, Bryan Sereny, and Kaila Mardoyan represented the seller in this transaction through their agency, Douglas Elliman. This sale was noted as the highest price per square foot on Pine Tree Drive and marked a record sale at $25.9 million.

Players

Bryan Sereny

Douglas Elliman

Broker

$247.7M

vol

20 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

0.67%

Cash-on-Cash

-0.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93