Luxury Living Realty Acquires Condo In Miami Beach For $4.25M
SOLD
$4,250,000
Florida
See Similar DealsCondo2,744 SF
Sold 06/09/2023
SOLD
Luxury Living Realty Acquires Condo In Miami Beach For $4.25M
4422 Fisher Island Dr Miami Beach, FL 33109, USA
See Similar DealsCondo2,744 SF
Sold 06/09/2023
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,548
Total Square Footage:2,744 SF
Transaction Type:Sale
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.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$226,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$15,099.35
Cash-on-Cash Return-1.27%
Monthly Debt Service$20,147.17
Annual Debt Service$241,766.02
Is there something missing? Send suggestions