Andrew Zaro Acquires Fisher Island Condo From Manny D. Medina For $16.3M
7213 Fisher Island Drive, Fisher Island, FL, USA
$16,300,000
$1,977/SF
Building Size
8,242 SF
Asset Type
—
Closing
May 24, 2021
About this deal
AI
A condo located at 7213 Fisher Island Drive Unit 7213 in Fisher Island has been sold for a price of $16,300,000. The property spans across 8,242 square feet, resulting in a price per square foot of $1,978. The transaction took place on May 25, 2021.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $16,300,000
- Square Footage: 8,242
- Price Per Square Foot: $1,978
The buyer of the condo was Andrew Zaro, represented by Amorette Robinson from Luxe Living Realty. The seller, Manny D. Medina, was represented by Cyril Matz from Douglas Elliman. Amorette Robinson acted as the buyer's representative, while Cyril Matz represented the seller in the deal.
Players
Miami Beach CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
About $2K per square foot on a published $16.3M for 8,242 square feet (2021).
Visit Cyril Matz to view all their deals.
Browse Miami Beach sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.97%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93