FOR_SALEExcellent Deal100 days on market

800 S Pointe Dr #Penthouse 2204

800 S Pointe Dr #Penthouse 2204, Miami Beach, FL 33139, Miami Beach, FL 33139
$78,000,000
Zestimate®:$24,593,700

Listing Price

Property image 1
800 S Pointe Dr #Penthouse 2204, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
100
Zestimate®
$24594k
Market Rate
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

South Pointe Elementary School

PK-5
0.4 mi away
5

Nautilus Middle School

6-8
3.3 mi away
5

Miami Beach Senior High School

9-12
2.2 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.44%
Total ROI
26.9%
Cash Flow
$89,090/mo
DSCR
1.23
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-22Listed for sale$78,000,000$8,620
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
7
Sq Ft
9,049
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $78,000,000Rent Basis: Modeled Estimate ($624,000/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $39,000/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.81%

NOI: $4,533,360/yr

Cash-on-Cash Yield
-1.8%

On $17,940,000 invested

DSCR Ratio
0.93x

Negative debt coverage

5-Yr Leveraged ROI
+85.2%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$63,700/mo
Homeowner / Hazard Insurance-$39,000/mo
Vacancy Reserve (5% of rent)-$31,200/mo
Repairs & Maintenance (10% of rent)-$62,400/mo
Property Management (8% of rent)-$49,920/mo
Total Pure Operating Expenses-$246,220/mo
Net Investor Cash Flow
Gross Scheduled Rent+$624,000/mo
Less: Operating Expenses-$246,220/mo
Net Operating Income (NOI)+$377,780/mo
Less: Debt Service (30yr @ 6.75%)-$404,725/mo
Net Cash Flow
$-26,945/mo
$-323,343/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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