Robert Elias Purchases Single Family Home From Giovanni Nicosio For $14.5M In Miami Beach
800 South Pointe Drive
$14,500,000
$3,490/SF
Building Size
4,154 SF
Asset Type
Single Family Residence
Closing
Jun 4, 2026
AI
The property asset involved in the transaction is located at 800 South Pointe Drive in Miami Beach. It is a single-family home with a total square footage of 4,154 and a sale price of $14,500,000, translating to a price per square foot of $3,490.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,500,000
- Address: 800 South Pointe Drive
- Market: Miami Beach
- Square Footage: 4,154
- Price per Square Foot: $3,490
- Buyer: Robert Elias
- Seller: Giovanni Nicosio
- Buyer's Representative: Dora Puig - Luxe Living Realty
- Seller's Representative: Dina Goldentayer - Douglas Elliman
This transaction involved key individuals and their respective agencies. The buyer, Robert Elias, was represented by Dora Puig from Luxe Living Realty, while the seller, Giovanni Nicosio, had the representation of Dina Goldentayer from Douglas Elliman.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.09%
Cash-on-Cash
-0.31%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93