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800 South Pointe Drive, Mia...

Matias Alem Of BRG International Represents Buyer In $9.2M Miami Beach Condo Sale
SOLDCondo

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

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.

Players

Matias Alem

BRG International

Broker

$224.3M

vol

33 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

1.72%

Cash-on-Cash

-0.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93