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
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.
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