Fisher Island Condo Sells For $3.9M At 5325 Fisher Island Dr In Mid-March
5325 Fisher Island Drive
$3,900,000
$1,423/SF
Building Size
2,740 SF
Asset Type
Condo
Closing
Mar 15, 2023
About this deal
AI
The property involved in this closed transaction is a condominium located at 5325 Fisher Island Dr in the Fisher Island market. The condo spans approximately 2,740 square feet and was sold for a price of $3,900,000, resulting in a per square foot cost of $1,423.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,900,000
- Address: 5325 Fisher Island Dr
- Market: Fisher Island
- Square Footage: 2,740
- Price per Square Foot: $1,423
No additional details were provided regarding the buyer, seller, or brokers involved in this transaction.
Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.4K per square foot on a published $3.9M for 2,740 square feet (2023).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.07%
Cash-on-Cash
-1.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93