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7000 Fisher Island Drive, M...

Caroline Wozniacki & David Lee Acquire Fisher Island Condo In Miami Beach For $18.7M With Broker Dora Puig
SOLD

Caroline Wozniacki & David Lee Acquire Fisher Island Condo In Miami Beach For $18.7M With Broker Dora Puig

7000 Fisher Island Drive, Miami Beach, FL, USA

$18,700,000

$5,222/SF

Building Size

3,581 SF

Asset Type

Closing

Jun 4, 2020

AI

A luxury condo located in Fisher Island, Miami Beach has been sold in a recent transaction. The property, with an interior size of 6,644 square feet, boasts a spacious and elegant living space. The condo features a rooftop deck with a pool, spanning 3,343 square feet, providing stunning views of the surrounding area. The sale also includes terraces covering an additional 3,192 square feet, allowing residents to enjoy outdoor relaxation and entertainment.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $18,700,000
  • Buyer: Caroline Wozniacki & David Lee
  • Broker: Dora Puig
  • Interior Size: 6,644 square feet
  • Rooftop Deck with Pool Size: 3,343 square feet
  • Terraces Size: 3,192 square feet

The buyers, Caroline Wozniacki and David Lee, have made a significant investment in this coveted property. Representing them in this transaction was their broker, Dora Puig, who facilitated the deal. With their collective expertise and negotiation skills, the buyers were able to secure this remarkable condo in the sought-after Fisher Island market.

Players

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker
Luxury Living Realty
Luxury Living RealtyBrokerage

David Lee

Buyer

$36.4M

vol

3 deals

Buyer

Miami Beach CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.85%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93