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321 Ocean Drive

Updated Oct 12, 2026

David Pulley Of Sotheby's International Realty Represents Sale Of Miami Beach Condo For $9.9M
SOLDCondo

David Pulley Of Sotheby's International Realty Represents Sale Of Miami Beach Condo For $9.9M

321 Ocean Drive

$9,900,000

$2,643/SF

Building Size

3,745 SF

Asset Type

Condo

Closing

Sep 14, 2026

About this deal

AI

The property involved in this transaction is a condo located at 321 Ocean Drive Unit 200 in the Miami Beach market. The sale price of the condo was $9,900,000, with a total square footage of 3,745, resulting in a price per square foot of $2,643.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $9,900,000
  • Address: 321 Ocean Drive Unit 200
  • Market: Miami Beach
  • Square Footage: 3,745
  • Price per Square Foot: $2,643

The transaction was facilitated by David Pulley from Sotheby's International Realty, and Mick Duchon and Matt Lill from The Corcoran Group, who represented the parties involved in the sale.

On the Map

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$9,900,000

$2,643/SF

Condo

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Players

Michael Duchon

The Corcoran Group

Broker

$789.8M

vol

44 deals

Broker
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Miami Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Deal FAQ

About $2.6K per square foot on a published $9.9M for 3,745 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.60%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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