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Fisher Island, FL, USA

Adam Arviv Acquires Fisher Island Condo From Heinrich Von Hanau For $7.5M
SOLD

Adam Arviv Acquires Fisher Island Condo From Heinrich Von Hanau For $7.5M

Fisher Island, FL, USA

$7,500,000

$2,045/SF

Building Size

3,667 SF

Asset Type

Closing

Sep 18, 2021

AI

A condo unit in Fisher Island was recently sold for $7,500,000. The property spans 3,667 square feet, resulting in a price per square foot of $2,045. The transaction took place on September 18, 2021.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $7,500,000
  • Market: Fisher Island
  • Buyer: Adam Arviv
  • Seller: Heinrich Von Hanau
  • Buyer's Representative: Pablo Alfaro - Douglas Elliman
  • Seller's Representative: Dora Puig - Fisher Island Real Estate, LLC

The buyer of the condo unit, Adam Arviv, was represented by Pablo Alfaro from Douglas Elliman. On the other hand, Dora Puig from Fisher Island Real Estate, LLC represented the seller, Heinrich Von Hanau.

Players

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker
Luxury Living Realty
Luxury Living RealtyBrokerage
Heinrich Von Hanau

Heinrich Von Hanau

One Sotheby’s International Realty

Seller

$78.5M

vol

8 deals

Seller

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

2.12%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93