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1000 Biscayne Boulevard

1000 MT 59 LLC Acquires Condo From David Beckham For $24.625M In Miami
SOLDCondo

1000 MT 59 LLC Acquires Condo From David Beckham For $24.625M In Miami

1000 Biscayne Boulevard

$24,625,000

$2,676/SF

Building Size

9,200 SF

Asset Type

Condo

Closing

Jan 29, 2026

AI

David Beckham, co-owner of Inter Miami CF, sold a penthouse unit at One Thousand Museum in downtown Miami. This property, located at 1000 Biscayne Boulevard, 5902, features five bedrooms and 6.5 baths, encompassing 9,200 square feet. The unit was sold off-market for a price of $24,625,000, which translates to a price per square foot of $2,677.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $24,625,000
  • Buyer: 1000 MT 59 LLC
  • Seller: David Beckham - Inter Miami CF
  • Square Footage: 9,200
  • Price per Square Foot: $2,677
  • Address: 1000 Biscayne Boulevard & 5902
  • Market: Miami

The transaction involved 1000 MT 59 LLC as the buyer, securing the penthouse that was originally purchased by Beckham for $19.8 million in 2020. The deal marks a notable resale gain for the seller, reflecting the changing value of luxury properties in the Miami market.

Players

IC
Inter Miami CFBrokerage

Miami 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

0.64%

Cash-on-Cash

-0.18%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93