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
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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93