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
$6,800,000
$664/SF
Building Size
10,228 SF
Asset Type
—
Closing
Oct 27, 2020
AI
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.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.33%
Cash-on-Cash
-0.67%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93