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100 South Pointe Drive, Mia...

Deven Rojas And Sheila Michelle Rojas Acquire Condo In Miami Beach For $6.25M
SOLDCondo

Deven Rojas And Sheila Michelle Rojas Acquire Condo In Miami Beach For $6.25M

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

$6,250,000

$2,726/SF

Building Size

2,292 SF

Asset Type

Condo

Closing

May 25, 2022

AI

A condo located at 100 S Pointe Drive in Miami Beach, South of Fifth, has been sold for a price of $6,250,000. The property spans 2,292 square feet, resulting in a price per square foot of $2,727.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $6,250,000
  • Square Footage: 2,292
  • Price per Square Foot: $2,727

The sale of the condo was facilitated by Sheila "Michelle" Rojas and Deven Rojas, who represent Brown Harris Stevens Miami. They acted as the brokers in the transaction, ensuring a successful deal between the buyer and seller.

Players

Deven Rojas

Brown Harris Stevens

Broker

$27.5M

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

2.54%

Cash-on-Cash

-0.73%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93