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5745 Southwest 94th Street

Dion Waiters Sells Pinecrest Estate To Unnamed Buyer For $11.1M
SOLDSingle Family

Dion Waiters Sells Pinecrest Estate To Unnamed Buyer For $11.1M

5745 Southwest 94th Street

$11,100,000

$842/SF

Building Size

13,172 SF

Asset Type

Single Family

Closing

Mar 8, 2024

AI

The Pinecrest estate sold by basketball star Dion Waiters for $11.1 million features nine bedrooms, 11 bathrooms, and two half-bathrooms, set on a 1.94-acre property located at 5745 Southwest 94th Street in Pinecrest.

Summary of transaction details:

The buyer of Dion Waiters' Pinecrest estate, a mansion with luxurious amenities such as a theater, pool, and outdoor kitchen, remains undisclosed in the transaction. Faranak Mehdian from Coldwell Banker represented the buyer, while Ashley Michelle Velez from PURE Investments was Dion Waiters' representative in the deal.

Players

Ashley Michelle Velez

PURE Investments

Broker

$11.1M

vol

1 deal

Broker

Pinecrest 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

1.43%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93