Desi Robert Kellermann Purchases Condo At 1000 South Pointe Drive For $10.3M With Brokers Clemente Sanchez And Jaime Blatt
1000 South Pointe Drive
$10,300,000
$3,060/SF
Building Size
3,365 SF
Asset Type
Condo
Closing
May 14, 2026
AI
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.
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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93