Robert Mongeluzzi And Meredith Seigle Mongeluzzi Purchase Condo From Ralph Winter's Iceberg LLC For $19.9M
100 South Pointe Drive
$19,900,000
$3,941/SF
Building Size
5,049 SF
Asset Type
Condo
Closing
Feb 10, 2026
AI
A condo located at 100 South Pointe Drive Unit 3803 in Miami Beach has been sold for $19.9 million. This property, part of the Continuum on South Beach, features five bedrooms and spans 5,049 square feet, resulting in a price per square foot of $3,941. The condo was last sold for $13.75 million in 2018, indicating a strong demand for high-end real estate in the Miami Beach market.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $19,900,000
- Address: 100 South Pointe Drive Unit 3803
- Market: Miami Beach
- Square Footage: 5,049
- Price per Square Foot: $3,941
- Buyer: Robert Mongeluzzi & Meredith Seigle Mongeluzzi
- Seller: Ralph Winter - Iceberg LLC
- Buyer's Representative: Matthew Wilkens - One Sotheby's International Realty
- Seller's Representatives: Eddy Martinez & Ronald Ortiz - One Sotheby's International Realty; John Corso - Coldwell Banker
This transaction involved key representatives from prominent real estate agencies. The buyer, Robert Mongeluzzi, and Meredith Seigle Mongeluzzi engaged Matthew Wilkens from One Sotheby's International Realty to represent them in the deal. The seller, identified as Ralph Winter of Iceberg LLC, was represented by a team that included Eddy Martinez and Ronald Ortiz from One Sotheby's International Realty, along with John Corso from Coldwell Banker.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.80%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93