Sheila Michelle Rojas & Deven Rojas Acquire Condo In Miami Beach For $5M
100 South Pointe Drive, Miami Beach, Florida 33139, United States
$5,000,000
$2,791/SF
Building Size
1,791 SF
Asset Type
Condo
Closing
Mar 17, 2022
AI
The property involved in this transaction is a condominium located at 100 South Pointe Dr, Miami Beach. The condo spans 1,791 square feet and was sold for a price of $5,000,000, with a price per square foot of $2,792. The transaction took place on March 17, 2022. The sellers of the condo were Yan & Sofia Frankel.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,000,000
- Square Footage: 1,791
- Price per Square Foot: $2,792
- Date: March 17, 2022
- Address: 100 South Pointe Dr, Miami Beach
In this transaction, the seller's representative was Sonia Toth from Brown Harris Stevens Miami. The buyer, on the other hand, was represented by Sheila "Michelle" Rojas and Deven Rojas, both from Brown Harris Stevens.
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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93