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Margo Fuller Of ONE Sotheby's International Realty Represents Buyer In $19.5M Miami Condo Sale

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SOLD
$19,500,000

Florida

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Condo10,065 SF
Sold 08/16/2024
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Property Image
SOLD

Margo Fuller Of ONE Sotheby's International Realty Represents Buyer In $19.5M Miami Condo Sale

2669 South Bayshore Drive

See Similar Deals
Condo10,065 SF
Sold 08/16/2024
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,937
Total Square Footage:10,065 SF
Transaction Type:Sale

A condo located at 2669 South Bayshore Drive Unit LPH-N in Miami has been sold for $19,500,000. The property encompasses 10,065 square feet, translating to a price per square foot of $1,937. This premier single-floor penthouse features 6 bedrooms, 7 bathrooms, a theater, and a wrap-around terrace with bay views. It is designed by Nick Luaces and is part of Grove at Grand Bay, which includes high-end amenities and a private 4-car garage.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $19,500,000
  • Address: 2669 South Bayshore Drive Unit LPH-N
  • Market: Miami
  • Seller: LPH GROVE GRAND BAY LLC
  • Buyer's Representative: Margo Fuller - ONE Sotheby's International Realty
  • Seller's Representative: Chad Carroll - Compass
  • Square Footage: 10,065
  • Price per Square Foot: $1,937

Margo Fuller represented the buyer, while Chad Carroll represented the seller in this transaction. Both brokers are associated with reputable agencies, facilitating the sale of this substantial real estate asset in Miami.

Players

Chad Carroll
83 deals$1.7B volume(305) 400-9507
BROKER

Margo Fuller
Sotheby's International Realty
2 deals$30M volume
BROKER

Details

SOLD
IMAGE: Margo Fuller & Chad Carroll DATE: 08/16/2024 ADDRESS: 2669 South Bayshore Drive Unit LPH-N MARKET: Miami ASSET TYPE: Condo BUYER'S REP: Margo Fuller - ONE Sotheby's International Realty (@Onesir) SELLER: LPH GROVE GRAND BAY LLC SELLER'S REP: Chad Carroll (@ChadCarroll) - Compass (@Compass) SALE PRICE: $19,500,000 SF: 10,065 ~ PPSF: $1,937 NOTE: Miami's premier single-floor penthouse, spanning 11,000 sq. ft. with 12' ceilings, sold for $19.5M at $1,937/sq. ft. Designed by Nick Luaces and located in Grove at Grand Bay, it features 6 beds, 7 baths, a theater, and a wrap-around terrace with bay views, alongside high-end amenities and a private 4-car garage.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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Cap Rate

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