Douglas Elliman Represents Buyer In $14.2M Condo Sale On Fisher Island Drive, Miami
5373 Fisher Island Drive
$14,200,000
$2,452/SF
Building Size
5,790 SF
Asset Type
Condo
Closing
Oct 4, 2023
AI
A condominium located at 5373 Fisher Island Drive in Miami has been sold for a price of $14,200,000. The property spans across 5,790 square feet and has a price per square foot of $2,453. The transaction took place on October 4, 2023. The property was listed for sale with an asking price of $14,990,000.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $14,200,000
- Address: 5373 Fisher Island Drive
- Square Footage: 5,790
- Price per Square Foot: $2,453
- Date: October 4, 2023
- Market: Miami
In this real estate transaction, the buyer was represented by Lourdes Alatriste from Douglas Elliman, while the seller was represented by Jorge Escasena from Luxury Living Realty.
Players
Miami Beach 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
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93