Sandra Fiorenza Sold a 5 Million Dollar Condo on Prestigious Fisher Island
SOLD
$5,000,000
Florida
See Similar DealsCondo3,192 SF
Sold 06/12/2024
SOLD
Sandra Fiorenza Sold a 5 Million Dollar Condo on Prestigious Fisher Island
2234 Fisher Island Drive
See Similar DealsCondo3,192 SF
Sold 06/12/2024
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,566
Total Square Footage:3,192 SF
Transaction Type:Sale
The property involved in the transaction is a condo located at 2234 Fisher Island Drive in Miami Beach. The sale price for this property was $5,000,000 with a total square footage of 3,192, resulting in a price per square foot of $1,566.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,000,000
- Buyer: Michael Isaacs & Roxanne Isaacs
- Seller: Matthew Marsenison & Beatriz Marsenison
- Buyer's Rep: Sandra Fiorenza - Douglas Elliman
The buyer of this condo was Michael Isaacs, along with Roxanne Isaacs. On the other side of the deal, the sellers were Matthew Marsenison and Beatriz Marsenison. Representing the buyers in this transaction was Sandra Fiorenza from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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