facebook
Traded Co logo
Submit
Daily limit: 0/10

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

Property Image
SOLD
$24,625,000

Florida

See Similar Deals
Condo9,200 SF
Sold 01/29/2026
the dealdetailscomps
Property Image
SOLD

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

1000 Biscayne Boulevard

See Similar Deals
Condo9,200 SF
Sold 01/29/2026

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,676
Total Square Footage:9,200 SF
Transaction Type:Sale

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

BROKERAGE

Details

SOLD
IMAGE: David Beckham DATE: 01/29/2026 ADDRESS: 1000 Biscayne Boulevard & 5902 MARKET: Miami ASSET TYPE: Condo BUYER: 1000 MT 59 LLC SELLER: David Beckham - Inter Miami CF SALE PRICE: $24,625,000 SF: 9,200 ~ PPSF: $2,677 NOTE: Beckham Brand Limited sold a 9,200-square-foot penthouse, Unit 5901, at One Thousand Museum in downtown Miami for $24.625M ($2,677/sq ft) to 1000 MT 59 LLC in an off-market transaction.The five-bedroom, 6.5-bath unit on the 59th floor, originally purchased by David Beckham for $19.8M in 2020, generated a resale gain for the soccer star and Inter Miami co-owner.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,313,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$87,487.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$116,735.06
Annual Debt Service$1,400,820.76