Dora Puig's Luxe Living Realty Represents Buyer In $16M Miami Beach Condo Sale
800 South Pointe Drive, Miami Beach, FL 33139, USA
$16,000,000
$3,851/SF
Building Size
4,154 SF
Asset Type
—
Closing
Mar 31, 2021
About this deal
AI
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.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93