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100 South Pointe Drive, Mia...

Sheila Michelle Rojas Acquires Condo In Miami Beach's South Of Fifth For $7.05M
SOLDCondo

Sheila Michelle Rojas Acquires Condo In Miami Beach's South Of Fifth For $7.05M

100 South Pointe Drive, Miami Beach, Florida 33139, United States

$7,050,000

$3,442/SF

Building Size

2,048 SF

Asset Type

Condo

Closing

May 31, 2022

AI

A condo located at 100 S Pointe Drive, Miami Beach, South of Fifth, was recently sold for a total price of $7,050,000. The transaction took place on May 31, 2022. The condo spans a total area of 2,048 square feet, resulting in a price per square foot of $3,442. The buyer's representative in the deal was Sheila "Michelle" Rojas from Brown Harris Stevens Miami, while the seller's representative was Juan M. Alvarez from BlokHaus Real Estate + Investments, Inc.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $7,050,000
  • Address: 100 S Pointe Drive, Miami Beach, South of Fifth
  • Square Footage: 2,048
  • Price per Square Foot: $3,442
  • Buyer's Representative: Sheila "Michelle" Rojas - Brown Harris Stevens Miami
  • Seller's Representative: Juan M. Alvarez - BlokHaus Real Estate + Investments, Inc.

Players

Juan Alvarez

BlokHaus Real Estate + Investments

Broker

$41M

vol

5 deals

Broker

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

2.25%

Cash-on-Cash

-0.64%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93