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6812 Fisher Island Drive, M...

Updated Dec 21, 2023

Luxury Condo On Fisher Island, Miami Beach Sold For $21.25M With Brokers Carl Gambino & Dora Puig
SOLD

Luxury Condo On Fisher Island, Miami Beach Sold For $21.25M With Brokers Carl Gambino & Dora Puig

6812 Fisher Island Drive, Miami Beach, Florida, United States

$21,250,000

$4,811/SF

Building Size

4,417 SF

Asset Type

Closing

Feb 21, 2022

About this deal

AI

An impressive condominium in Fisher Island, Miami Beach has recently been sold for a whopping price of $21,250,000. Located at 6812 Fisher Island Dr - Palazzo Della Luna Lanai 6812, this luxurious property offers a total area of 4,417 square feet. The transaction took place on February 22, 2022, and the property was sold as a condo unit.

Summary of Transaction Details

  • Property Type: Condo
  • Transaction Amount: $21,250,000
  • Address: 6812 Fisher Island Dr - Palazzo Della Luna Lanai 6812
  • Market: Fisher Island, Miami Beach
  • Brokers: Dora Puig - Luxe Living Realty & Carl Gambino - Compass

Representing the seller and buyer in this noteworthy deal were Dora Puig from Luxe Living Realty and Carl Gambino from Compass, respectively. With a sale price of $21,250,000, this transaction marks a significant achievement in the real estate market. The property boasts a spacious area of 4,417 square feet, offering a comfortable and luxurious living experience.

Players

Dora Puig

Luxe Living Realty

Broker

$1.5B

vol

90 deals

Broker

Miami Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $4.8K per square foot on a published $21.3M for 4,417 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.75%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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