Brian O'Neil Acquires Condo In Miami Beach For $5.7M
SOLD
$5,700,000
Florida
See Similar DealsCondo2,190 SF
Sold 04/11/2022
SOLD
Brian O'Neil Acquires Condo In Miami Beach For $5.7M
1000 South Pointe Drive, Miami Beach, Florida 33139, United States
See Similar DealsCondo2,190 SF
Sold 04/11/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,602
Total Square Footage:2,190 SF
Transaction Type:Sale
A condo located at 1000 South Pointe Dr in Miami Beach has recently been sold for a price of $5,700,000. The property is a 2,190 square feet unit with a price per square foot of $2,603. The sale took place on April 11, 2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,700,000
- Address: 1000 South Pointe Dr, Miami Beach
- Square Footage: 2,190 sqft
- Price Per Square Foot: $2,603
- Seller: John Hufsky
- Seller's Representative: Bryan Sereny & Bill Hernandez - Douglas Elliman
- Buyer: Brian O'Neil
- Buyer's Representative: Jennifer Goldstein - Douglas Elliman
The sale of this condo was facilitated by Bryan Sereny and Bill Hernandez from Douglas Elliman, who represented the seller. Jennifer Goldstein, also from Douglas Elliman, represented the buyer, Brian O'Neil.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$304,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,250.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,020.91
Annual Debt Service$324,250.90
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