Jon Kotler & Julian Cohen Acquire Condo At 5325 Fisher Island Dr In Fisher Island, Miami Beach For $3.3M
5325 Fisher Island Dr, Miami Beach, FL 33109
$3,295,000
$1,202/SF
Building Size
2,740 SF
Asset Type
—
Closing
Mar 22, 2022
About this deal
AI
5325 Fisher Island Dr is a condominium located in Fisher Island, Miami Beach. The property was sold on March 23, 2022, with a sale price of $3,295,000. The condo spans a total of 2,740 square feet, resulting in a price per square foot of $1,202.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $3,295,000
- Address: 5325 Fisher Island Dr
- Market: Fisher Island, Miami Beach
- Asset Type: Condo
The seller of the property was Robert G. Mardigian. Jon Kotler from Keller Williams Elite Properties represented the buyer, while Julian Cohen from Douglas Elliman acted as the seller's representative in the transaction.
On the Map
$3,295,000
$1,202/SF
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Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.81%
Cash-on-Cash
-1.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93