Edward Rose Buys Miami Beach Condo At 800 S Pointe Dr For $9.25M
800 South Pointe Dr, Miami Beach, FL, USA
$9,250,000
$2,226/SF
Building Size
4,154 SF
Asset Type
—
Closing
Apr 18, 2021
About this deal
AI
A 4,154 square foot condo located at 800 S Pointe Dr in Miami Beach has recently been sold. The property, represented by Devin Kay of Douglas Elliman Florida, was purchased by Edward Rose.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,250,000
- Address: 800 S Pointe Dr, Miami Beach
- Asking Price: $9,995,000
- Square Footage: 4,154
- Price Per Square Foot: $2,226
The buyer, Edward Rose, acquired this luxury condo for a sale price of $9,250,000. The property, which boasts 4,154 square feet, is located at 800 S Pointe Dr in Miami Beach. Representing the transaction was Devin Kay from Douglas Elliman Florida.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2.2K per square foot on a published $9.3M for 4,154 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.71%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93