300 S Pointe Dr PH-5, Miami Beach, FL 33139 — MLS photo

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300 S Pointe Dr PH-5, Miami Beach, FL 33139

Active · Condominium

$24,999,000

300 S Pointe Dr PH-5, Miami Beach, FL 33139

Beds
4
Baths
7
Living area
5,680 sq ft
$ / sq ft
$4,401/sq ft
Year built
1996
Lot size
—
HOA fee
$10,133
Annual tax
—

About this property

Discover an exceptional tri-level penthouse residence at the top of the iconic Portofino Tower, offering a rare blend of scale, privacy, and architectural impact in Miami Beach’s most coveted neighborhood, South of Fifth. Spanning nearly 6,000 square feet of interior living space, this extraordinary home has been completely redesigned with an uncompromising level of detail and craftsmanship. A dramatic floating glass staircase anchors the residence, while expansive living areas, refined finishes, and floor-to-ceiling glass create a seamless connection between the interiors and the breathtaking views beyond. With approximately 3,000 square feet of private outdoor space, the property captures sweeping 360-degree views of the Atlantic Ocean, Biscayne Bay, the Miami skyline, and the Intracoastal. The private rooftop terrace, complete with pool and observation deck, offers a truly unparalleled setting for entertaining or enjoying Miami’s sunrise and sunset from the privacy of your own home. This is a one-of-a-kind sky residence for the buyer seeking volume, exclusivity, and an elevated lifestyle in one of South Beach’s most prestigious full-service towers.

Property location

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300 S Pointe Dr PH-5, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
4
Bathrooms
7
Living area
5,680 sq ft

Exterior & Structure

Property type
Condominium
Year built
1996

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$10,133
County
Miami-Dade
MLS listing ID
A11999990
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

-$111,732

Cap rate
0.3%
Net yield
0.3%
Cash-on-cash return
-19.2%
Gross yield
3.8%
Mortgage payment
$118,508/mo
Down payment
$6,249,750
Loan amount
$18,749,250
Annual NOI
$81,317

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