Luxury Condo On Fisher Island In Miami Beach Sold For $12.7M With Dora Puig As The Broker
6800 Fisher Island Drive, Miami Beach, Florida, United States
$12,700,000
$2,963/SF
Building Size
4,285 SF
Asset Type
—
Closing
Jan 9, 2022
About this deal
AI
Located in Fisher Island, Miami Beach, the property at 6800 Fisher Island Dr 6843, known as Palazzo Della Luna, was recently sold in a closed transaction. The condo unit, with a total area of 4,757 square feet, offered a luxurious living experience in an exclusive community.
Summary of Transaction Details
- Property Type: Condo
- Transaction Amount: $12,700,000
- Address: 6800 Fisher Island Dr 6843 - Palazzo Della Luna
- Market: Fisher Island, Miami Beach
The deal was brokered by Dora Puig, a representative from Luxe Living Miami. The collaboration between the buyer and the seller culminated in the successful sale of this prestigious property.
With a price per square foot of $2,670, this transaction demonstrates the demand for luxurious living spaces in Fisher Island, Miami Beach. The sale of Palazzo Della Luna sets a benchmark for high-end condominiums in the area, showcasing the appeal of this exclusive community.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.25%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93