facebook
Traded Co logo
Submit

Chris Sargent Acquires South Beach Condo For $4.975M From Larry Colin

Property Image
SOLD
$11,900,000
Selen Arditi
Ivan Chorney
+ 3

Florida

See Similar Deals
Condo2,566 SF
Sold
the dealplayerscompscontact
Property Image
SOLD

Chris Sargent Acquires South Beach Condo For $4.975M From Larry Colin

100 South Pointe Drive

See Similar Deals
Condo2,566 SF
Sold
Selen Arditi
Ivan Chorney
+ 3
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$4637
Total Square Footage:2566 SF
Transaction Type:Sale

A 1,793 square foot condo located at 100 S Pointe Drive, Unit 3605 in South Beach, Miami Beach has been sold for $4,975,000. The property, situated in a prime location in the South Beach market, was purchased by Chris Sargent from seller Larry Colin.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $4,975,000
  • Square Footage: 1,793
  • Price per Square Foot: $2,775
  • Address: 100 S Pointe Drive, Unit 3605
  • Market: South Beach, Miami Beach

The deal was facilitated by brokers Selen Arditi, Ivan Chorney, and Michael Martirena from Compass who represented both the buyer and the seller.

Players

Michael Martirena
22 deals$206.8M volume(561) 310-3009
BROKER

Ivan Chorney
Compass
23 deals$213.3M volume
BROKER

Selen Arditi
Compass
10 deals$49.7M volume
BROKER

Sheila "Michelle" Rojas
Brown Harris Stevens
10 deals$69.7M volume
BROKER

BlokHaus Real Estate + Investments
BROKERAGE




2 deals$16.9M volume
SELLER

Details

SOLD
IMAGE: Ivan Chorney, Selen Arditi & Michael Martirena DATE: 01/31/2022 ADDRESS: 100 S Pointe Drive, Unit 3605 MARKET: South Beach, Miami Beach ASSET TYPE: Condo BUYER: Chris Sargent SELLER: Larry Colin BROKERS: Selen Arditi (@Selenarditi), Ivan Chorney (@Ivan_Miamibch) & Michael Martirena (@Martirena) - Compass SALE PRICE: $4,975,000 SF: 1,793 ~ PPSF: $2,775

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$634,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$42,278.18
Cash-on-Cash Return-1.27%
Monthly Debt Service$56,412.07
Annual Debt Service$676,944.85