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5373 Fisher Island Drive

Douglas Elliman Represents Buyer In $14.2M Condo Sale On Fisher Island Drive, Miami
SOLDCondo

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

Lourdes Alatriste

Douglas Elliman

Broker

$535.9M

vol

38 deals

Broker

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