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100 South Pointe Drive

Sotheby's International Realty Sells Miami Beach Condo On South Pointe Drive For $10.25M
SOLDCondo

Sotheby's International Realty Sells Miami Beach Condo On South Pointe Drive For $10.25M

100 South Pointe Drive

$10,250,000

$4,086/SF

Building Size

2,508 SF

Asset Type

Condo

Closing

Feb 3, 2023

AI

A condo located at 100 South Pointe Drive in Miami Beach has been sold for $10,250,000. The property measures 2,508 square feet and was sold at a price per square foot of $4,087.

Summary of transaction details

Matt Wilkens from Sotheby's International Realty represented the seller in this transaction. No additional information is available.

Players

Bill Hernandez

Douglas Elliman

Broker

$241.8M

vol

19 deals

Broker
Sotheby's International Realty
Sotheby's International RealtySeller

Market 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

1.55%

Cash-on-Cash

-0.44%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93