Michelle Silva Lindquist And Leandro Antonaccio Jr. Of Casa Miami Properties Acquire Fisher Island Condo For $5.5M
5224 Fisher Island Dr, Miami Beach, FL, USA
$5,500,000
$1,549/SF
Building Size
3,550 SF
Asset Type
—
Closing
Apr 11, 2021
About this deal
AI
A condo located at 5224 Fisher Island Dr # 5224 in Miami Beach/Fisher Island has been sold for a price of $5,500,000. The property was listed for sale with an asking price of $5,600,000. It has a total square footage of 3,550, resulting in a price per square foot of $1,549.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $5,500,000
- Address: 5224 Fisher Island Dr # 5224
- Market: Miami Beach/Fisher Island
The sale of this condo was facilitated by brokers Michelle Silva Lindquist from Casa Miami Properties, Leandro Antonaccio Jr. from Casa Miami Properties, and Don Pingaro from Ocean Insiders.
On the Map
$5,500,000
$1,549/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.88%
Cash-on-Cash
-0.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93