facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Condo

/

Sale

/

300 South Pointe Drive

Gary & Donna Lobue Purchase Condo At 300 South Pointe Drive From Georgette Guiterrez For $3.1M
SOLDCondo

Gary & Donna Lobue Purchase Condo At 300 South Pointe Drive From Georgette Guiterrez For $3.1M

300 South Pointe Drive

$3,100,000

$1,441/SF

Building Size

2,150 SF

Asset Type

Condo

Closing

Jan 8, 2026

AI

The property asset involved in this transaction is a condo located at 300 South Pointe Drive Unit 1702 in the Miami Beach market. This condo has a sale price of $3,100,000 and offers a total square footage of 2,150, resulting in a price per square foot of $1,441.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $3,100,000
  • Address: 300 South Pointe Drive Unit 1702
  • Market: Miami Beach
  • Square Footage: 2,150
  • Price Per Square Foot: $1,441
  • Buyer: Gary & Donna Lobue
  • Seller: Georgette Guiterrez
  • Seller's Representative: Frank H. Navarro - Douglas Elliman

This transaction involved Gary and Donna Lobue as the buyers, acquiring the property from seller Georgette Guiterrez. The seller's representative in this deal was Frank H. Navarro from Douglas Elliman, playing a crucial role in facilitating the transaction between the involved parties.

Players

Frank H Navarro

Douglas Elliman

Broker

$25.4M

vol

9 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

Miami Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.12%

Cash-on-Cash

-1.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93