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Pierre Brondeau Acquires Fisher Island Condo From Palazzo Del Sol Developer For $13.5M

Property Image
SOLD
$13,500,000
Dora Puig
PB

Florida

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4,956 SF
Sold 06/12/2020
the dealplayerscompscontact
Property Image
SOLD

Pierre Brondeau Acquires Fisher Island Condo From Palazzo Del Sol Developer For $13.5M

7000 Fisher Island Dr, Miami Beach, FL 33109, USA

See Similar Deals
4,956 SF
Sold 06/12/2020
Dora Puig
PB
the dealplayerscompscontact
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Summary

FLORIDA
Price Per Square Foot:$2,724
Total Square Footage:4,956 SF
Transaction Type:Sale

An impressive condo located at 7000 Fisher Island Drive in Fisher Island, Miami Beach, has been sold for a staggering $13,500,000. The spacious property spans 4,956 square feet, making it an exceptional living space. With a price per square foot of $2,723.97, this condo offers luxurious amenities and a desirable location.

Summary of the transaction details

  • Property Type: Condo
  • Transaction Amount: $13,500,000
  • Address: 7000 Fisher Island Drive
  • Market: Fisher Island, Miami Beach
  • Square Footage: 4,956 sqft
  • Price per Square Foot: $2,723.97

The buyer of this remarkable condo is Pierre Brondeau. The seller is Palazzo Del Sol Developer, who successfully completed the sale. Facilitating this impressive transaction was Dora Puig, a renowned broker at Luxe Living Miami. Dora Puig played a crucial role in ensuring a smooth and successful deal for both the buyer and seller.

Players

Dora Puig
Luxe Living Realty
Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER
Dora Puig
Luxe Living Realty
Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER
Luxury Living Realty
Luxury Living Realty
BROKERAGE
PB
Pierre Brondeau
3 deals$62.2M volume
BUYER

Details

SOLD
IMAGE: IMAGE: Dora Puig @DoraPuig @LuxeLivingMiami⁠ DATE: 06/12/2020⁠ ADDRESS: 7000 Fisher Island Drive⁠ MARKET: Fisher Island, Miami Beach⁠ ASSET TYPE: Condo⁠ PRICE: $13,500,000⁠ SF: 4,956⁠ PPSF: $2,723.97⁠ BUYER: Pierre Brondeau⁠ SELLER: Palazzo Del Sol Developer⁠ BROKER: Dora Puig⁠

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$720,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$47,962.65
Cash-on-Cash Return-1.27%
Monthly Debt Service$63,996.89
Annual Debt Service$767,962.65