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801 South Pointe Drive

BRG International Sells Miami Beach Condo For $3.75M With Buyer's Rep Lisa Van Wagenen
SOLDCondo

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

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