Jennifer Munafo & Michael Munafo Acquire Condo Unit On Fisher Island Dr For $10.4M
8024 Fisher Island Drive, Florida, United States
$10,400,000
$2,905/SF
Building Size
3,580 SF
Asset Type
—
Closing
Oct 10, 2022
About this deal
AI
A condominium unit located at 8024 Fisher Island Dr in Miami Beach, FL has been sold in a recent transaction. The unit spans approximately 3,580 square feet and was sold for a price of $10,400,000, resulting in a price per square foot of $2,905.
Summary of transaction details
- Property Type: Condo Unit
- Transaction Amount: $10,400,000
- Address: 8024 Fisher Island Dr, Miami Beach, FL
- Market: Miami Beach, FL
The buyers of the property are Jennifer Munafo and Michael Munafo. They acquired the unit from Christopher H Scatliff and Helen L Scatliff.
Please note that no additional information regarding the transaction is available.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93