Kim Rodstein Acquires Miami Beach Condo On 300 S Pointe Dr For $2.2M
300 South Pointe Dr, Miami Beach, FL, USA
$2,200,000
$940/SF
Building Size
2,340 SF
Asset Type
MultiFamily
Closing
Apr 14, 2021
AI
A condo located at 300 S Pointe Dr Unit 1601 in Miami Beach has been sold for $2,200,000. The property spans 2,340 square feet and has a price per square foot of $940. The sale was facilitated by Luciana Barreto as the seller's representative.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,200,000
- Address: 300 S Pointe Dr Unit 1601, Miami Beach
- Market: Miami Beach
- Asset Type: Condo
- Sale Price: $2,200,000
- Square Footage (SF): 2,340
- Price per Square Foot (PPSF): $940
The buyer's representative in this transaction was Kim Rodstein of KimRodstein agency.
Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.21%
Cash-on-Cash
-2.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93