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Fisher Island Beach, Miami ...

ONE Sotheby's International Realty Represents Buyer In $15.9M Fisher Island Condo Sale
SOLD

ONE Sotheby's International Realty Represents Buyer In $15.9M Fisher Island Condo Sale

Fisher Island Beach, Miami Beach, Florida 33109, United States

$15,900,000

$2,263/SF

Building Size

7,025 SF

Asset Type

Closing

Dec 21, 2021

AI

A luxury condominium unit located at Palazzo Del Mare 7192 in Fisher Island, Miami Beach, recently changed hands in a closed transaction. The transaction took place on December 21, 2021, with a purchase price of $15,900,000. The unit offers approximately 7,025 square feet of living space, resulting in a price per square foot of $2,263. The property was represented by Elena Bluntzer from ONE Sotheby's International Realty on behalf of the buyer, while Dora Puig from Luxe Living Realty represented the seller.

Summary of transaction details

  • Property Type: Condo
  • Transaction Amount: $15,900,000
  • Address: Palazzo Del Mare 7192, Fisher Island, Miami Beach
  • Market: Fisher Island, Miami Beach

Elena Bluntzer, from ONE Sotheby's International Realty, acted as the buyer's representative in this condominium sale. Dora Puig, from Luxe Living Realty, represented the seller. Both real estate professionals played crucial roles in facilitating the successful transaction of this prestigious property.

Players

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker

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

1.00%

Cash-on-Cash

-0.29%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93