Marcello Agostini Acquires Condo At 100 S Pointe Drive For $3.3M
100 South Pointe Drive, Miami Beach, Florida 33139, United States
$3,300,000
$1,555/SF
Building Size
2,122 SF
Asset Type
Condo
Closing
Mar 17, 2022
AI
A condo located at 100 S Pointe Drive in Miami Beach, South of Fifth, has been sold for a price of $3,300,000. The property measures 2,122 square feet and has a price per square foot of $1,555.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,300,000
- Address: 100 S Pointe Drive, Miami Beach, South of Fifth
The buyer's representative in this transaction was Marcello Agostini from Ag Real Estate Advisors. On the other hand, the seller's representatives were Sheila "Michelle" Rojas from Brown Harris Stevens Miami and Carlo Dipasquale from Cervera Real Estate.
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
4.81%
Cash-on-Cash
-1.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93