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800 South Pointe Drive, Mia...

Brown Harris Stevens Represents $7.5M Condo Sale At 800 S Pointe Dr. In Miami Beach
SOLDCondo

Brown Harris Stevens Represents $7.5M Condo Sale At 800 S Pointe Dr. In Miami Beach

800 South Pointe Drive, Miami Beach, FL, USA

$7,525,000

$2,730/SF

Building Size

2,756 SF

Asset Type

Condo

Closing

Mar 30, 2021

AI

A condo located at 800 S Pointe Dr. in Miami Beach has been sold in a recent transaction. The property, spanning 2,756 square feet, was sold for a total price of $7,525,000. The sale price per square foot was calculated at $2,730. The transaction took place on 03/30/2021. The asset type of the property was a condo.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $7,525,000
  • Address: 800 S Pointe Dr. Miami Beach
  • Square Footage: 2,756
  • Price per Square Foot: $2,730

The sale of this condo was facilitated by brokers Mark Zilbert and Monika Kramlik from Brown Harris Stevens. Mark Zilbert can be found on Instagram as @MarkZilbert, and Monika Kramlik's Instagram handle is @Monika_Kramlik. The brokerage firm involved in the transaction was Brown Harris Stevens, specifically their Miami office - @bhsmiamiofficial.

Players

Mark Zilbert

Brown Harris Stevens

Broker

$31.9M

vol

4 deals

Broker

Miami Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.11%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93