Caroline Wozniacki & David Lee Acquire Fisher Island Condo In Miami Beach For $18.7M With Broker Dora Puig
SOLD
Florida
See Similar Deals3,581 SF
Sold 06/04/2020
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
See Similar Deals3,581 SF
Sold 06/04/2020
Summary
FLORIDA
Price Per Square Foot:$5,222
Total Square Footage:3,581 SF
Transaction Type:Sale
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
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$997,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$66,437.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$88,647.54
Annual Debt Service$1,063,770.48
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