Ola Binelli Acquires Fisher Island Condo For $2.43M With Brokers Greg Gringruz & Nataly Stuart
SOLD
$2,430,000
Florida
See Similar DealsCondo1,875 SF
Sold 09/29/2022
SOLD
Ola Binelli Acquires Fisher Island Condo For $2.43M With Brokers Greg Gringruz & Nataly Stuart
19123 Fisher Island Dr, Miami Beach, FL 33109, USA
See Similar DealsCondo1,875 SF
Sold 09/29/2022
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,296
Total Square Footage:1,875 SF
Transaction Type:Sale
Located in Fisher Island, Miami Beach, this condo property at 19123 Fisher Island Dr has been sold in a closed transaction. The property features a total square footage of 1,875, with a price per square foot of $1,296. The sale was completed on September 29, 2022, with a selling price of $2,430,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $2,430,000
- Address: 19123 Fisher Island Dr
- Market: Fisher Island, Miami Beach
- Buyer: Ola Binelli
- Brokers: Greg Gringruz - The Island; Nataly Stuart - Socialite Realty LLC
The transaction involved the buyer, Ola Binelli, who acquired the condo property at 19123 Fisher Island Dr for a price of $2,430,000. The buyer was represented by Greg Gringruz from The Island and Nataly Stuart from Socialite Realty LLC.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$129,600.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$8,633.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$11,519.44
Annual Debt Service$138,233.28
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