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4647 Pine Tree Drive

Ada Sasson & Jill Eber Sell Single Family Home On Pine Tree Drive For $21.15M As Seller's Rep
SOLDSingle Family

Ada Sasson & Jill Eber Sell Single Family Home On Pine Tree Drive For $21.15M As Seller's Rep

4647 Pine Tree Drive

$21,150,000

$1,653/SF

Building Size

12,791 SF

Asset Type

Single Family

Closing

Mar 12, 2024

AI

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:

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.

Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 deals

Broker

Miami Beach Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.75%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93