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
About this deal
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
- Property Type: Condo
- Transaction Amount: $10,250,000
- Address: 100 South Pointe Drive
- Market: Miami Beach
- Agent: Matt Wilkens - Sotheby's International Realty
Matt Wilkens from Sotheby's International Realty represented the seller in this transaction. No additional information is available.
The condo sale at 100 South Pointe Drive in Florida sold for $10.3M in 2023. The building is 2,508 square feet, implying about 4.1K per square foot on the published price. Matt Wilkens, Bill Hernandez, Douglas Elliman, Sotheby's International Realty appear on the sale alongside Douglas Elliman, Sotheby's International Realty. This page is the Florida file for the 100 South Pointe Drive condo sold: pricing, party profiles, and other closed condo comps from the same Florida sit in the Market section below. Filter that local condo set by closing date to see what else sold near 100 South Pointe Drive around 2023. Published consideration for 100 South Pointe Drive is $10.3M, dated 2023. Cite this Sotheby's International Realty Sells Miami Beach Condo On South Pointe Drive For $10.25M sale when underwriting similar condo product around Florida.
On the Map
$10,250,000
$4,086/SF
Condo
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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