Josh N Bennett Acquires Fisher Island Condo Unit From Juliean Charouhis & William N Charouhis For $4.375M
SOLD
$4,375,000
Florida
See Similar Deals4,109 SF
Sold 11/03/2021
SOLD
Josh N Bennett Acquires Fisher Island Condo Unit From Juliean Charouhis & William N Charouhis For $4.375M
5131 Fisher Island Dr, Miami Beach, Florida, USA
See Similar Deals4,109 SF
Sold 11/03/2021
Summary
FLORIDA
Price Per Square Foot:$1,064
Total Square Footage:4,109 SF
Transaction Type:Sale
The condo unit located at 5131 Fisher Island Dr in Miami Beach, FL was sold on November 3, 2021. The property spans an area of 4,109 square feet and was sold for a price of $4,375,000, resulting in a price per square foot of $1,065.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $4,375,000
- Buyer: Josh N Bennett
- Seller: Juliean Charouhis & William N Charouhis
- Address: 5131 Fisher Island Dr, Miami Beach, FL
- Market: Miami Beach, FL
Josh N Bennett served as the buyer in this transaction, while Juliean Charouhis & William N Charouhis were the sellers.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$233,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,543.46
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,739.73
Annual Debt Service$248,876.78
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