Gianfranco Mossetto Sells Condo At 1000 South Pointe Drive For $3.85M With Michelle Halfon As Rep
1000 South Pointe Drive
$3,850,000
$1,917/SF
Building Size
2,008 SF
Asset Type
Condo
Closing
Nov 22, 2024
About this deal
AI
The property involved in this transaction is a condo located at 1000 South Pointe Drive Unit 2503 in the Miami Beach market. It was sold for a price of $3,850,000, with a size of 2,008 square feet, resulting in a price per square foot of $1,917.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,850,000
- Address: 1000 South Pointe Drive Unit 2503
- Market: Miami Beach
- Seller: Gianfranco Mossetto
- Seller's Representative: Michelle Halfon - Sator Realty LLC
- Square Footage: 2,008
- Price per Square Foot: $1,917
The deal features Gianfranco Mossetto as the seller, represented by Michelle Halfon from Sator Realty LLC. Their collaboration facilitated the successful closure of this condo sale in the Miami Beach area.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.9K per square foot on a published $3.9M for 2,008 square feet (2024).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.12%
Cash-on-Cash
-1.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93