Dora Puig's Luxe Living Realty Represents Buyer In $16M Miami Beach Condo Sale
SOLD
$16,000,000
Florida
See Similar Deals4,154 SF
Sold 04/01/2021
SOLD
Dora Puig's Luxe Living Realty Represents Buyer In $16M Miami Beach Condo Sale
800 South Pointe Drive, Miami Beach, FL 33139, USA
See Similar Deals4,154 SF
Sold 04/01/2021
Summary
FLORIDA
Price Per Square Foot:$3,851
Total Square Footage:4,154 SF
Transaction Type:Sale
A condo located at 800 S Pointe Drive in Miami Beach has been sold for a price of $16,000,000. The property spans across 4,154 square feet and has a price per square foot of $3,851. The sale was finalized on April 1, 2021.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $16,000,000
- Address: 800 S Pointe Drive, Miami Beach
- Square Footage: 4,154
- Price per Square Foot: $3,851
The buyer's representative in this transaction was Dora Puig from Luxe Living Realty, while the seller's representative was Luis Gonell from Compass.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$853,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$56,844.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,848.16
Annual Debt Service$910,177.95
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