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Waterfront · Condominium
$24,999,000$4,401 / sqft
300 S Pointe Dr # 5, Miami Beach FL 33139
Listed
4
Bedrooms
7
Bathrooms
5,680 sqft
Interior
1996
Year built
$10,133 / mo
HOA
Condominium
Type
About this home
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.
Features
- Second Floor Entry
- Built-in Features
- Closet Cabinetry
- Volume Ceilings
- Walk-In Closet(s)
- Other
- Ocean View
- Skyline
- Water View
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Miami Beach, from 12 active listings; the middle half ask $45,000–$60,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.