300 S Pointe Drive 801, Miami Beach, FL 33139 — MLS photo

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300 S Pointe Drive 801, Miami Beach, FL 33139

Active · Condominium

$2,850,000

300 S Pointe Drive 801, Miami Beach, FL 33139

Beds
3
Baths
3
Living area
2,340 sq ft
$ / sq ft
$1,218/sq ft
Year built
1996
Lot size
—
HOA fee
$4,544
Annual tax
—

About this property

Experience the South of Fifth lifestyle at Portofino Tower. This spacious 3-bedroom, 2.5-bath residence offers 2,670 SF total, including two private terraces with breathtaking views of the Atlantic Ocean, Fisher Island, Government Cut, and Miami skyline. Elegant marble floors, a gourmet kitchen with stainless steel appliances, and a split floor plan with semi-private foyer complement the open, light-filled great room with floor-to-ceiling glass doors. The unit is in excellent condition and ready for a buyer to add their personal touches, making it a rare opportunity to create a custom luxury residence. Portofino Tower features include a 28th-floor fitness center & spa, two resort-style pools, tennis courts, dog park, 24-hour concierge, valet, updated lobby, elevators, and Porte Cochere entrance. Steps from South Pointe Park, the marina, and world-class dining such as Carbone, Prime 112, and Joe's Stone Crab. A rare chance to own a prime waterfront residence in one of Miami Beach’s most coveted locations.

Property location

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300 S Pointe Drive 801, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
2,340 sq ft

Exterior & Structure

Property type
Condominium
Year built
1996

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$4,544
County
Miami-Dade
MLS listing ID
A11993159
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$13,384

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-20.1%
Gross yield
5.1%
Mortgage payment
$13,510/mo
Down payment
$712,500
Loan amount
$2,137,500
Annual NOI
$1,512

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.