Matias Alem Of BRG International Represents Buyer In $9.2M Miami Beach Condo Sale
800 South Pointe Drive, Miami Beach, Florida 33139, United States
$9,200,000
$2,964/SF
Building Size
3,103 SF
Asset Type
Condo
Closing
Aug 1, 2022
About this deal
AI
A condominium located at 800 S Pointe Dr in Miami Beach's South of 5th neighborhood has recently been sold for a price of $9,200,000. The property spans across 3,103 square feet, resulting in a price per square foot of $2,965.
Summary of transaction details
- Property Type: Condo
- Sale Price: $9,200,000
- Square Footage: 3,103 SF
- Price Per Square Foot: $2,965
- Address: 800 S Pointe Dr, South of 5th, Miami Beach
The buyer in this transaction was represented by Matias Alem from BRG International. On the other hand, the seller was represented by Luciana Barreto from Compass and Cristiana Machado from Cervera.
On the Map
$9,200,000
$2,964/SF
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93