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801 South Pointe Drive, Mia...

Lisa Van Wagenen Of Brown Harris Stevens Acquires Condo At 801 South Pointe Drive, Miami Beach For $3.75M
SOLDCondo

Lisa Van Wagenen Of Brown Harris Stevens Acquires Condo At 801 South Pointe Drive, Miami Beach For $3.75M

801 South Pointe Drive, Miami Beach, Florida 33139, United States

$3,750,000

$1,875,000/SF

Building Size

2 SF

Asset Type

Condo

Closing

Dec 15, 2022

AI

Located at 801 South Pointe Drive in Miami Beach, this condominium was recently sold in a closed transaction. The property spans a total area of 2,533 square feet and boasts a sleek and modern design. The selling price for this condo was $3,750,000, with an asking price of $3,980,000. With a price per square foot of $1,480, this condo offers a luxurious and stylish living space.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $3,750,000
  • Address: 801 South Pointe Drive, Miami Beach
  • Square Footage: 2,533
  • Asking Price: $3,980,000
  • Price per Square Foot: $1,480

The buyer in this transaction was represented by Lisa Van Wagenen from Brown Harris Stevens. On the other hand, the seller was represented by Christina West Alem and Matias Alem from BRG International. These individuals played key roles in facilitating the sale of this condominium.

Players

Christina West Alem

BRG International

Broker

$71.5M

vol

14 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

4.23%

Cash-on-Cash

-1.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93