Miami Condo On Fisher Island Sold By Dora Puig & Katrina Campins For $8.5M
6842 Fisher Island Drive, Miami Beach, FL 33109
$8,500,000
$2,348/SF
Building Size
3,620 SF
Asset Type
—
Closing
Dec 7, 2021
About this deal
AI
A condo located at 6842 Fisher Island Drive in Miami has been sold in a recent transaction. The property was listed for an asking price of $9,000,000 and was eventually sold for $8,500,000. This condo spans approximately 3,620 square feet, resulting in a price per square foot of $2,348.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $8,500,000
- Address: 6842 Fisher Island Drive
- Market: Miami
- Asking Price: $9,000,000
- Square Footage: 3,620
- Price per Square Foot: $2,348
The deal was facilitated by two brokers involved in the transaction. Dora Puig, from Luxe Living Realty, represented one side, while Katrina Campins, from The Campins Company, represented the other side. Both brokers played a crucial role in negotiating the sale of this condo on Fisher Island.
On the Map
$8,500,000
$2,348/SF
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Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
About $2.3K per square foot on a published $8.5M for 3,620 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93