Augusto Napoli Acquires Condo On Fisher Island Drive In Miami Beach For $3.9M
5325 Fisher Island Drive
$3,900,000
$1,423/SF
Building Size
2,740 SF
Asset Type
Condo
Closing
Mar 15, 2023
AI
A condominium located at 5325 Fisher Island Drive in Miami Beach has recently been sold. The property, spanning 2,740 square feet, was sold for a total price of $3,900,000, resulting in a price per square foot of $1,423. The transaction took place on March 15, 2023.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $3,900,000
- Square Footage: 2,740
- Address: 5325 Fisher Island Drive, Miami Beach
The buyer of the condominium is Augusto Napoli. Representing the buyer in this transaction is Ana Rodrigues Da Cruz, who works for Coldwell Banker Realty. On the seller's side, Jon Kotler of Keller Williams served as the representative.
Players
Market Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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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