Nicole & Ilya Kovalchuk Acquire Fisher Island Condo For $8.5M
Fisher Island, Miami Beach, Florida, United States
$8,500,000
$2,232/SF
Building Size
3,807 SF
Asset Type
—
Closing
Feb 6, 2022
About this deal
AI
Nicole & Ilya Kovalchuk have purchased a condo in Fisher Island, Miami Beach. The sale was facilitated by broker Dora Puig from Luxe Living Realty. The condo was sold by Heinrich Von Hanau, who represents PDS Development. The transaction took place on 02/07/2022.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $8,500,000
- Market: Fisher Island, Miami Beach
- Square Footage: 3,807
Dora Puig, from Luxe Living Realty, acted as the broker for the buyer, Nicole & Ilya Kovalchuk. The seller, Heinrich Von Hanau, represents PDS Development. The sale price for the condo was $8,500,000, with a price per square foot of $2,233.
On the Map
$8,500,000
$2,232/SF
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93