Michael A Stein Acquires Fisher Island Condo For $5.2M
5284 Fisher Island Drive, Miami Beach, FL, USA
$5,200,000
$830/SF
Building Size
6,260 SF
Asset Type
—
Closing
Jan 25, 2021
About this deal
AI
Located in Miami Beach, this condominium at 5284 Fisher Island Dr has been sold in a recent transaction. The sale was finalized on January 26, 2021.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $5,200,000
- Square Footage: 6,260
- Price per Square Foot: $831
- Address: 5284 Fisher Island Dr
- Market: Miami Beach
The buyer of this property is Michael A Stein, while Veranda Dickens served as the seller. Facilitating the deal was broker Karla Abaunza, representing Luxury Living Realty.
No further details regarding this transaction are available.
On the Map
$5,200,000
$830/SF
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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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93