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Franz-Ferdinand Buerstedde And Brittany Peltz Buerstedde Acquire Miami Beach Development Site For $10.75M

4721 Pine Tree Drive
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This Development Site property located in FL was sold for $10,750,000 about 3 years ago. The brokers of the deal were Alison Zhuk and Oren Alexander

A development site located at 4721 Pine Tree Drive in Miami Beach has been sold for $10,750,000. The property spans over 1.01 acres and has a buildable square footage (BSF) of 43,900, resulting in a price per buildable square footage (PPBSF) of $245.

Summary of transation details

  • Property Type: Development Site
  • Transaction Amount: $10,750,000
  • Address: 4721 Pine Tree Drive, Miami Beach
  • Market: Miami Beach

The buyer of the property is Franz-Ferdinand Buerstedde from Rhône Group and Brittany Peltz Buerstedde from Sena Lifestyle Studio. The seller is Joel J. Meyerson from Pure Source. The deal was facilitated by Alison Zhuk and Oren Alexander from Douglas Elliman.

Notable individuals involved in the transaction include Oren Alexander, Brittany Peltz Buerstedde, Joel J. Meyerson, and Alison Zhuk.

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Deals
  • Location
    4721 Pine Tree Drive, Miami Beach, FL, USA4721 Pine Tree Drive, Miami Beach, FL, USA
  • Sale Price
    $10,750,000$10,750,000
    $244 PPSF$244 PPSF
  • Area
    43,900 SF43,900 SF
  • Asset Type
    Development SiteDevelopment Site
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Alison Zhuk

Alison Zhuk

Deals1
Sold$10.8M

Oren Alexander

Oren Alexander

Deals97
Financed$1.9B

Agencies

Douglas Elliman

Douglas Elliman

Agency
Deals1571
Volume$18.3B

Official

Official

Agency
Deals263
Volume$4.3B

Social

Deal Summary

SALE IMAGE: Oren Alexander, Brittany Peltz Buerstedde, Joel J. Meyerson & Alison Zhuk DATE: 01/29/2021 ADDRESS: 4721 Pine Tree Drive MARKET: Miami Beach ASSET TYPE: Development Site BUYER: Franz-Ferdinand Buerstedde - Rhône Group & Brittany Peltz Buerstedde - Sena Lifestyle Studio SELLER: Joel J. Meyerson - Pure Source BROKERS: Alison Zhuk & Oren Alexander - Douglas Elliman PRICE: $10,750,000 BSF: 43,900 ~ PPBSF: $245 ACRE: 1.01

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4721 Pine Tree Drive

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