BRG International Sells Miami Beach Condo For $3.54M With Buyer's Rep Lisa Van Wagenen
801 South Pointe Drive
$3,540,000
$1,397/SF
Building Size
2,533 SF
Asset Type
Condo
Closing
Nov 21, 2023
About this deal
AI
The condominium located at 801 South Pointe Drive in Miami Beach has been sold. The sale was represented by Lisa Van Wagenen from Brown Harris Stevens on behalf of the buyer, and Christina West Alem and Matias Alem from BRG International on behalf of the seller. The sale price for the property was $3,540,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,540,000
- Address: 801 South Pointe Drive
- Market: Miami Beach
- Buyer's Representative: Lisa Van Wagenen - Brown Harris Stevens
- Seller's Representatives: Christina West Alem & Matias Alem - BRG International
The property has a total area of 2,533 square feet, resulting in a price per square foot of $1,398.
On the Map
$3,540,000
$1,397/SF
Condo
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Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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About $1.4K per square foot on a published $3.5M for 2,533 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.48%
Cash-on-Cash
-1.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93