BRG International Sells Miami Beach Condo For $3.75M With Buyer's Rep Lisa Van Wagenen
801 South Pointe Drive
$3,750,000
$1,480/SF
Building Size
2,533 SF
Asset Type
Condo
Closing
Dec 15, 2022
AI
801 South Pointe Drive in Miami Beach has been sold in a recent transaction. The condo property was purchased for a sale price of $3,750,000, slightly below the asking price of $3,980,000. Spanning across 2,533 square feet, the condo boasts a price per square foot of $1,480.
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
Lisa Van Wagenen from Brown Harris Stevens represented the buyer in this transaction. On the seller's side, Christina West Alem and Matias Alem from BRG International acted as the selling representatives. Together, these professionals facilitated the successful sale of the property.
Players
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