William J. Roy Acquires Miami Beach Condo For $12.1M With Buyer's Rep Burton Wilkins & Seller's Rep Michelle Sheila Rojas
SOLD
$12,125,000
+ 2
Florida
See Similar Deals11,031 SF
Sold 03/19/2021
SOLD
William J. Roy Acquires Miami Beach Condo For $12.1M With Buyer's Rep Burton Wilkins & Seller's Rep Michelle Sheila Rojas
100 South Pointe Drive, Miami Beach, FL, USA
See Similar Deals11,031 SF
Sold 03/19/2021
+ 2
Summary
FLORIDA
Price Per Square Foot:$1,099
Total Square Footage:11,031 SF
Transaction Type:Sale
A condo located at 100 S Point Dr. Unit 2803/2804 in Miami Beach has been sold in a recent transaction. The property, measuring 4,777 square feet, was sold for a price of $12,125,000. The asking price for the condo was $12,900,000, resulting in a price per square foot of $2,538.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $12,125,000
- Address: 100 S Point Dr. Unit 2803/2804, Miami Beach
- Market: Miami Beach
The buyer of the condo is William J. Roy, while the seller is Beverly Greene. Representing the buyer were Burton Wilkins and Emily Wilkins from One Sotheby's International Realty. Michelle Sheila Rojas from Brown Harris Stevens represented the seller in the deal.
Overall, this closed transaction involved the sale of a condo in Miami Beach, with William J. Roy acquiring the property from Beverly Greene. The deal was facilitated by Burton Wilkins and Emily Wilkins from One Sotheby's International Realty, representing the buyer, and Michelle Sheila Rojas from Brown Harris Stevens, representing the seller.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$646,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,077.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$57,478.69
Annual Debt Service$689,744.23
Is there something missing? Send suggestions