SOLD
David Pobiak's Beachfront Realty Inc Facilitates $6.2M Sale Of Miami Beach Condo
100 South Pointe Dr Apt 3703, Miami Beach, Fl 33139, Usa
$6,200,000
$1,903/SF
Building Size
3,258 SF
Asset Type
—
Closing
Aug 5, 2020
About this deal
AI
The condo property located at 100 South Pointe Drive in Miami Beach has been sold for $6,200,000. This spacious unit spans over 3,258 square feet and has a price per square foot of $1,903.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,200,000
- Address: 100 South Pointe Drive, Miami Beach
- Seller's Representative: David Pobiak - Beachfront Realty Inc
- Buyer's Representative: MAR NON MLS Member
- Square Footage: 3,258
- Price per Square Foot: $1,903
The seller was represented by David Pobiak from Beachfront Realty Inc. The buyer was represented by MAR NON MLS Member.
Players
Miami Beach CRE Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.56%
Cash-on-Cash
-0.73%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93