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5500 Island Estates Drive

Dawn M. Lissner Sells Aventura Condo For $5.8M With Reps Elena Britatina & Diana Shay
SOLDCondo

Dawn M. Lissner Sells Aventura Condo For $5.8M With Reps Elena Britatina & Diana Shay

5500 Island Estates Drive

$5,800,000

$1,313/SF

Building Size

4,417 SF

Asset Type

Condo

Closing

May 12, 2022

AI

The property involved in this transaction is a condominium located at 5500 Island Estates Dr PH 7 in Aventura. The property spans 4,417 square feet and was sold for a price of $5,800,000, resulting in a price per square foot of $1,313.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,800,000
  • Square Footage: 4,417
  • Price per Square Foot: $1,313
  • Address: 5500 Island Estates Dr PH 7, Aventura
  • Market: Aventura

The seller of the property was Dawn M. Lissner. The transaction was facilitated by Elena Britatina from Prime Life Realty and Diana Shay from Miami New Home Realty.

Players

Diana Shay

Broker

$476M

vol

5 deals

Broker

Aventura 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

2.73%

Cash-on-Cash

-0.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93