RJ Property Holdings Acquires Fisher Island Condo From Patrick Dovigi - GFL Environmental For $20M
6800 Fisher Island Dr #8812 Miami Beach, FL 33109, USA
$20,000,000
$4,667/SF
Building Size
4,285 SF
Asset Type
Condo
Closing
Jun 29, 2023
About this deal
AI
A lanai-style condo at Palazzo Della Luna on Fisher Island was sold for $20 million in a recent transaction. The property, located at 6800 Fisher Island Drive Unit 8812 in Miami Beach, has a size of approximately 4,285 square feet. The sale price equates to a price per square foot of $4,667.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $20,000,000
- Address: 6800 Fisher Island Drive Unit 8812
- Market: Miami Beach
RJ Property Holdings acquired the condo unit from Patrick Dovigi, CEO of GFL Environmental, in the transaction. Previously, the unit was sold in 2022 for $21.25 million.
NOTE: The seller, Patrick Dovigi, is a Canadian executive.
On the Map
$20,000,000
$4,667/SF
Condo
View full map
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Deal FAQ
Visit Patrick Dovigi to view all their deals.
Browse Florida condo sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93