Luxury Living Realty Acquires Condo In Miami Beach For $4.25M
4422 Fisher Island Dr Miami Beach, FL 33109, USA
$4,250,000
$1,548/SF
Building Size
2,744 SF
Asset Type
Condo
Closing
Jun 9, 2023
About this deal
AI
The property involved in this closed transaction is a condo located at 4422 Fisher Island Drive in Miami Beach. The condo spans 2,744 square feet and was sold for a total price of $4,250,000, resulting in a price per square foot of $1,549.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $4,250,000
- Buyer's Representative: Karla Abaunza - Luxury Living Realty
- Seller's Representative: Lourdes Alatriste - Douglas Elliman
- Address: 4422 Fisher Island Drive
- Market: Miami Beach
Karla Abaunza from Luxury Living Realty represented the buyer in this transaction, while Lourdes Alatriste from Douglas Elliman represented the seller.
On the Map
$4,250,000
$1,548/SF
Condo
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Miami Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.73%
Cash-on-Cash
-1.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93