Junaste LLC Acquires Condo In Miami Beach For $6.8M From Lais Bacchi And Paulo Bacchi - Artefacto
SOLD
$6,800,000
Florida
See Similar Deals10,228 SF
Sold 10/28/2020
SOLD
Junaste LLC Acquires Condo In Miami Beach For $6.8M From Lais Bacchi And Paulo Bacchi - Artefacto
4913 Fisher Island Drive, Miami Beach, FL, USA & 4913 Fisher Island Drive, Miami Beach, FL, USA
See Similar Deals10,228 SF
Sold 10/28/2020
Summary
FLORIDA
Price Per Square Foot:$664
Total Square Footage:10,228 SF
Transaction Type:Sale
A condo located at 4913 Fisher Island Drive in Miami Beach has been sold for $6,800,000. The property spans across 5,114 square feet, resulting in a price per square foot of $1,330. The transaction took place on October 28, 2020.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,800,000
- Address: 4913 Fisher Island Drive
- Market: Miami Beach
- Buyer: Junaste LLC
- Seller: Lais Bacchi, Paulo Bacchi - Artefacto
- Broker: Elena Bluntzer - One Sotheby’s International Realty
- SF: 5,114
- PPSF: $1,330
The buyer, Junaste LLC, acquired the property from Lais Bacchi and Paulo Bacchi of Artefacto. Elena Bluntzer of One Sotheby’s International Realty represented the buyer in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$362,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$24,158.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$32,235.47
Annual Debt Service$386,825.63
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