Omar And Amy Hernandez Sell Miami Beach Condo For $3.46M
300 South Pointe Drive
$3,460,000
$1,412/SF
Building Size
2,450 SF
Asset Type
Condo
Closing
Oct 4, 2023
About this deal
AI
A condo located at 300 South Pointe Drive in Miami Beach has been sold for $3,460,000. The property spans 2,450 square feet and has a price per square foot of $1,412. The sellers of the condo were Omar and Amy Hernandez. The transaction was facilitated by Piero Ruggeri from Cosmore Real Estate.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,460,000
- Address: 300 South Pointe Drive, Miami Beach
- Market: Miami Beach
- Square Footage: 2,450
- Price per Square Foot: $1,412
- Sellers: Omar and Amy Hernandez
- Broker: Piero Ruggeri
Piero Ruggeri from Cosmore Real Estate played a key role as the broker in this transaction. His expertise and knowledge of the Miami Beach market contributed to the successful sale of this condo. The Hernandezs entrusted him with the responsibility of representing them in the deal, and his efforts resulted in a smooth and profitable transaction for both the buyers and sellers. Cosmore Real Estate continues to demonstrate their ability to facilitate successful property transactions in Miami Beach.
On the Map
$3,460,000
$1,412/SF
Condo
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Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3.5M for 2,450 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.58%
Cash-on-Cash
-1.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93