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6835 Fisher Island Drive, U...

Updated Dec 19, 2023

Coldwell Banker Realty Helps Facilitate $11M Sale Of Fisher Island Condo
SOLD

Coldwell Banker Realty Helps Facilitate $11M Sale Of Fisher Island Condo

6835 Fisher Island Drive, Unit 6835, Miami Beach, FL 33109

$11,000,000

$3,038/SF

Building Size

3,620 SF

Asset Type

Closing

Oct 10, 2022

About this deal

AI

A luxury condo located at 6835 Fisher Island Drive Unit 6835 in Fisher Island has been sold for a price of $11,000,000. This 3,620 square foot property was on the market and was recently purchased. The condo offers stunning views and a prime location in Fisher Island.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $11,000,000
  • Address: 6835 Fisher Island Drive Unit 6835
  • Market: Fisher Island
  • Asset Type: Condo

Judith Zeder from Coldwell Banker Realty represented the buyer in this transaction, while Liz Hogan from Compass represented the seller. Both sides worked diligently to ensure a successful deal for their clients.

The property offers a luxurious living experience with its spacious layout and high-end amenities. The sale price of $11,000,000 reflects the exclusivity and desirability of the Fisher Island market. This transaction highlights the expertise and professionalism of Judith Zeder and Liz Hogan in navigating high-value real estate deals.

Players

Judith Zeder

Coldwell Banker

Broker

$755.1M

vol

36 deals

Broker

Miami CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Deal FAQ

About $3K per square foot on a published $11M for 3,620 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.44%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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