Desi Robert Kellermann Purchases Condo At 1000 South Pointe Drive For $10.3M With Brokers Clemente Sanchez And Jaime Blatt
SOLD
$10,300,000
Florida
See Similar DealsCondo3,365 SF
Sold 05/15/2026
SOLD
Desi Robert Kellermann Purchases Condo At 1000 South Pointe Drive For $10.3M With Brokers Clemente Sanchez And Jaime Blatt
1000 South Pointe Drive
See Similar DealsCondo3,365 SF
Sold 05/15/2026
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$3,060
Total Square Footage:3,365 SF
Transaction Type:Sale
The transaction involved a condo located at 1000 South Pointe Drive Unit 3501 in the Miami Beach market. The property was sold for $10,300,000, covering a square footage of 3,365. The price per square foot stands at $3,060.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $10,300,000
- Address: 1000 South Pointe Drive Unit 3501
- Market: Miami Beach
- Square Footage: 3,365
- Price Per Square Foot: $3,060
- Buyer: Desi Robert Kellermann
- Seller: Ruth F. Mayer
- Buyer's Representative: Clemente Sanchez - Luxe Living Realty
- Seller's Representative: Jaime Blatt - Compass
This transaction saw Desi Robert Kellermann as the buyer, while Ruth F. Mayer was the seller. The deal was represented by Clemente Sanchez from Luxe Living Realty for the buyer and Jaime Blatt from Compass for the seller.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$549,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$36,593.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$48,827.25
Annual Debt Service$585,927.06
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