Jenni Coba & Coba Joshua M Acquire Condo Unit On Fisher Island Dr For $16.5M
5391 Fisher Island Dr Miami, FL 33109, USA
$16,500,000
$2,550/SF
Building Size
6,470 SF
Asset Type
—
Closing
Jun 12, 1922
About this deal
AI
Located at 5391 Fisher Island Dr in Miami Beach, FL, this condo unit was recently sold on June 13, 2022. The property spans approximately 6,470 square feet and was sold at a price of $16,500,000, resulting in a price per square foot of $2,550.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $16,500,000
- Address: 5391 Fisher Island Dr, Miami Beach, FL
- Market: Miami Beach, FL
- Buyer: Jenni Coba & Coba Joshua M
- Seller: Bart H. Chepenik
Jenni Coba and Coba Joshua M acted as the buyers in this transaction, while Bart H. Chepenik served as the seller. The deal was closed successfully, marking a significant transaction in the real estate market of Miami Beach, FL.
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
0.96%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93