Building facts
- Address
- 800 S Pointe Drive
- Neighborhood
- South of Fifth
- Year built
- 2008
- Floors
- 22
- Residences
- 67
- Status
- Completed
- Developer
- The Related Group
- Architect
- Sieger-Suarez
- Pricing
- Starting at $8.5 Million
Key Takeaways
- This is the most expensive building I measure, per square foot — thirteen qualified sales in four years at a median $3,810 per square foot and a median price of $13,900,000. No other building in my Miami Condo Index is close.
- Sixty-four of the 67 homes are on two floorplans, thirty-two each — 2,756 sq ft three-bedrooms and 3,731 sq ft four-bedrooms, in exact halves. The other three are larger. There is nothing small here at all — the county assesses the least valuable home in the building at $2,503,421.
- It sold out in 2008, and its buyers still made money — 68 homes changed hands that year at a median $4,425,450, or $1,350 per square foot. Of those buyers, 56 have since resold and only two lost money — 3.6% — at a median gain of 64.5%. That is the opposite of what almost every other 2005–2008 sell-out I have measured produced.
- Across the whole record, 5.7% of resellers lost money — 5 of 87, at a median gain of 47.1% over a 4.2-year hold. The worst single loss in the building’s history is 23.3%.
- 2026 is the busiest year since 2021 — six qualified sales already, from $2,903 to $3,967 per square foot.
- The record is $19,250,000 — paid on 27 November 2023 for a 3,731 sq ft four-bedroom — $5,159 per square foot.
800 S. Pointe Drive, Miami Beach, Florida 33139 | Neighborhood: South Beach
Home > Miami Luxury Condos > Apogee South Beach
What is actually in the building
The county returns 67 folios for 800 South Pointe Drive, and every one of them is a home. There is no reference folio, no commercial unit, no separately deeded parking, cabana or storage. I have measured very few buildings where the folio count and the home count are the same number.
The composition is almost as simple. Thirty-two homes measure 2,756 sq ft and another thirty-two measure 3,731 sq ft — 64 of the 67, in exact halves. The remaining three are larger, at 5,325, 5,895 and 7,190 sq ft. The bedroom mix follows exactly: 32 three-bedrooms and 35 four-bedrooms, with nothing smaller.
For 2026 the county assesses the homes between $2,503,421 and $21,971,381, median $7,452,560. That lower bound is the number to sit with: the least valuable home in this building, on the county’s own assessment, is above $2.5m.
How did a building that sold out in 2008 do this well?
I cannot tell you why. But the result is so far outside the pattern I keep finding elsewhere that it is worth setting out precisely.
Across the buildings I have pulled from the county record, the single most reliable predictor of a bad outcome has been buying new at a sell-out. At one 2006–07 Miami Beach building, Mosaic, 39.7% of the original buyers who resold lost money. At Bentley Bay, which sold through in 2005, the figure is 36.0%. At Parque Towers, a 2019 sell-out, 35.7%.
Apogee sold out in 2008 — 68 homes at a median $4,425,450, or $1,350 per square foot — which is about the worst moment in modern memory to have been a new-build buyer in Miami. Of those buyers, 56 have since resold and two lost money. That is 3.6%, at a median gain of 64.5%.
Widen it to every resale the county records here and the picture holds: 87 resales, five losses — 5.7% — at a median gain of 47.1% over a 4.2-year hold. The median loss among those five was 3.8% and the worst was 23.3%. In most buildings I measure, the worst single outcome is considerably deeper than that and there are far more of them.
What I will not do is tell you which feature of the building caused it. The county record contains transactions, not explanations, and everything I could offer — the size of the homes, the location at the southern tip, the small number of units, the fact that only 67 households can ever compete with each other — would be a story fitted to the answer.
What the measurement does support is narrower and more useful. The common claim that Miami condominiums bought at a cyclical peak inevitably disappoint is not a general law; it is a statement about most buildings. At this address the 2008 cohort outperformed almost every later cohort elsewhere in the city. If someone tells you a building’s vintage determines its outcome, this is the counter-example.
The price record
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 4 | $12,850,000 | $3,895 |
| 2024 | 1 | $14,400,000 | $3,860 |
| 2025 | 2 | $12,001,500 | $3,662 |
| 2026 to date | 6 | $13,200,000 | $3,768 |
No four-year change is published for this building and it carries a dash in my Miami Condo Index: 2023 recorded four qualified sales against the five I require at both ends. But the year-to-year medians are unusually stable for such small samples — $3,895, $3,860, $3,662 and $3,768 per square foot — a range of about 6% across four years, which is as close to flat as this data ever gets.
Across all thirteen sales the building cleared a median $3,810 per square foot, in a band from $2,903 to $5,159, at a median price of $13,900,000. That per-foot figure is the highest of any building in my Miami Condo Index, by a margin over anything else I have measured, and the median price is the highest as well.
The record is $19,250,000, paid on 27 November 2023 for a 3,731 sq ft four-bedroom at $5,159 per square foot. The highest price of the 2008 sell-out era was $16,500,000, for the 7,190 sq ft home, at $2,295 per square foot — less than half the current per-foot record.
2026 has been the building’s busiest year since 2021, with six qualified sales between January and June, spanning $2,903 and $3,967 per square foot. For a 67-home building that trades about one home in 21 per year — against a median of one in 24 across my index — that is a dense and recent set of comparables, and it is the strongest evidence base this page rests on.
One detail worth flagging for anyone valuing here: the two dominant plans do not trade at the same money per foot in a simple way. In 2026 the 2,756 sq ft homes cleared $2,903 and $3,810, and the 3,731 sq ft homes cleared $3,350, $3,726, $3,886 and $3,967. Match your comparable to the plan, not just to the building.
Who this building suits, and who it does not
It suits a buyer at the very top of the Miami market who wants a large home rather than a tall one, and who values scarcity: 67 homes, two plans, and a resale record that is the best I have measured on both loss rate and median gain.
It suits a buyer who intends to hold. The median hold among resellers here is 4.2 years and the gains accrue with time; nothing about this record rewards a quick trade.
It suits badly anyone shopping on price. The entry point is set by the four-year band of $2,903 to $5,159 per square foot, and the county assesses the cheapest home in the building above $2.5m.
It suits badly a buyer wanting anything under 2,756 sq ft, or a one- or two-bedroom. Neither exists here.
If you are selling here, you are in an unusually strong evidentiary position and you should lead with it. Six sales have closed in 2026 alone, the four-year band is tight, and the ownership record — 87 resales, five losses, a median gain of 47.1% — is the best I have measured anywhere in Miami. Price to your floorplan: the 3,731 sq ft plan has cleared $3,350 to $3,967 per square foot in 2026 and reached $5,159 in November 2023, while the 2,756 sq ft plan has cleared $2,903 to $3,810 this year. And if a buyer argues that the building is expensive, the honest answer is that it is, and that the record shows people who paid it have done well.
Verified 18 August 2026 against the Miami-Dade County Property Appraiser record for 800 S Pointe Dr — all 67 folios retrieved individually, grouped by subdivision and filtered to residential homes. Every folio at this address is a dwelling: there is no reference folio, commercial unit, or separately deeded parking, cabana or storage. Sale figures are qualified, arm’s-length transactions only, with bulk/portfolio transfers collapsed to a single transaction. 2026 is an incomplete year, and 2023 carries four qualified sales, which is why no four-year change is published. Comparisons of price per square foot and of resale loss rates are against the buildings I have pulled folio by folio from this same source, not against the whole market. Assessed values are the county’s, not market valuations. Building age, storey count, architect and amenity detail are omitted: no primary source has been confirmed for them. Re-check when the next tax roll publishes.
Apogee South Beach — Frequently Asked Questions
How much does a home at Apogee South Beach sell for?
Across the thirteen qualified sales in the four years to August 2026 the building cleared a median $3,810 per square foot, in a band from $2,903 to $5,159, at a median price of $13,900,000. That is the highest median price per square foot of any building in my Miami Condo Index.
How big are the homes at Apogee?
From 2,756 sq ft to 7,190 sq ft, median 3,731. Sixty-four of the 67 homes are on two plans in exact halves — 32 at 2,756 sq ft and 32 at 3,731 — and the remaining three measure 5,325, 5,895 and 7,190. The mix is 32 three-bedrooms and 35 four-bedrooms, with nothing smaller.
Have owners at Apogee made money?
Almost all of them. Of the 87 resales on the county record, five lost money — 5.7% — at a median gain of 47.1% over a 4.2-year hold, and the worst single outcome in the building’s history is a 23.3% loss. Of the 2008 sell-out buyers, 56 have since resold and only two lost money, a rate of 3.6%, at a median gain of 64.5%.
Is buying new at a sell-out always a bad idea in Miami?
No, and this building is the clearest counter-example I have. Apogee sold out in 2008 and its original buyers have a 3.6% loss rate on resale. At other buildings I have measured the equivalent figure runs from 35% to 40%. The vintage of a building does not determine the outcome.
Have prices at Apogee gone up or down?
They have been remarkably flat. The yearly medians are $3,895 per square foot in 2023, $3,860 in 2024, $3,662 in 2025 and $3,768 across six sales in 2026 — a range of about 6%. No four-year change is published, because 2023 carries four qualified sales against the five I require at both ends.
What is the highest price ever paid at Apogee?
$19,250,000, on 27 November 2023, for a 3,731 sq ft four-bedroom — $5,159 per square foot. The highest price of the 2008 sell-out era was $16,500,000, for the 7,190 sq ft home, at $2,295 per square foot.
How often do homes at Apogee change hands?
The county records 13 qualified sales in the four years to August 2026 against 67 homes — about one home in 21 a year, a little more liquid than the median of one in 24 across the buildings in my Miami Condo Index. Six of those thirteen closed in 2026.
Sources and further reading
Interested in selling at Apogee South Beach?
Learn more about selling your condo at Apogee South Beach with Josh Stein.
Related coverage
Part of Miami Luxury Condos.