Ada Sasson & Jill Eber Sell Single Family Home On Pine Tree Drive For $21.15M As Seller's Rep
SOLD
$21,150,000
Florida
See Similar DealsSingle Family12,791 SF
Sold 03/12/2024
SOLD
Ada Sasson & Jill Eber Sell Single Family Home On Pine Tree Drive For $21.15M As Seller's Rep
4647 Pine Tree Drive
See Similar DealsSingle Family12,791 SF
Sold 03/12/2024
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$1,653
Total Square Footage:12,791 SF
Transaction Type:Sale
The property located at 4647 Pine Tree Drive in Miami Beach was sold for $21,150,000. Spanning 12,791 square feet, the single-family asset was transacted at a price per square foot of $1,654.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $21,150,000
- Address: 4647 Pine Tree Drive
- Market: Miami Beach
- Buyer's Representative: Ada Sasson - Cervera Real Estate
- Seller's Representatives: Jill Eber & Jill Hertzberg - Coldwell Banker
- Square Footage: 12,791
- Price Per Square Foot: $1,654
Ada Sasson from Cervera Real Estate represented the buyer in this transaction, while the seller was represented by Jill Eber and Jill Hertzberg from Coldwell Banker. The deal was successfully closed on 03/12/2024.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,128,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$75,141.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$100,261.79
Annual Debt Service$1,203,141.48
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