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Fisher Island Condo Acquired For $11.2M

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SOLD
$11,200,000
Anthony Lauria
Jill Eber

Florida

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3,700 SF
Sold 10/21/2022
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Property Image
SOLD

Fisher Island Condo Acquired For $11.2M

6800 Fisher Island Drive, Unit 6831, Miami Beach, FL 33109

See Similar Deals
3,700 SF
Sold 10/21/2022
Anthony Lauria
Jill Eber
the dealplayerscompscontact
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Summary

FLORIDA
Price Per Square Foot:$3,027
Total Square Footage:3,700 SF
Transaction Type:Sale

The asset involved in the transaction is a condo located at 6800 Fisher Island Drive Unit 6831 within the Fisher Island market. The sale price was recorded at $11,200,000, and the property encompasses 3,700 square feet, resulting in a price per square foot of $3,027.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $11,200,000
  • Address: 6800 Fisher Island Drive Unit 6831
  • Market: Fisher Island
  • Square Footage: 3,700
  • Price per Square Foot: $3,027
  • Seller: Dr. Diane Walder
  • Seller's Representative: Jill Eber - The Jills Zeder Group at Coldwell Banker Realty
  • Buyer's Representative: Anthony Lauria - Compass

The transaction was facilitated by two key representatives: Anthony Lauria from Compass representing the buyer and Jill Eber from The Jills Zeder Group at Coldwell Banker Realty representing the seller, ensuring a smooth exchange between the involved parties.

Players

Jill Eber
Coldwell Banker
Jill Eber
45 deals$1.1B volume
BROKER
Anthony Lauria
Compass
Anthony Lauria
1 deal$11.2M volume
BROKER

Details

SOLD
IMAGE: Anthony Lauria & Jill Eber DATE: 10/21/2022 ADDRESS: 6800 Fisher Island Drive Unit 6831 MARKET: Fisher Island ASSET TYPE: Condo SELLER: Dr. Diane Walder (@DianeWalderDerm); Finlay Cumming - Cumming Group (@CummingGroup) BUYER'S REP: Anthony Lauria (@Anthony_A_Lauria) - Compass (@Compass) (@CompassFl) SELLER'S REP: Jill Eber (@JillEber) - The Jills Zeder Group at Coldwell Banker Realty (@JillsZederGables) SALE PRICE: $11,200,000 SF: 3,700 ~ PPSF: $3,027

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$39,791.25
Cash-on-Cash Return-1.27%
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