Ajoy Fisher Island LLC Purchases Condo From Mark Sutcliffe For $11.15M In Key Biscayne
7441 Fisher Island Drive
$11,150,000
$2,816/SF
Building Size
3,959 SF
Asset Type
Condo
Closing
Sep 29, 2025
AI
Ajoy Fisher Island LLC purchased a condo located at 7441 Fisher Island Drive in Key Biscayne for $11,150,000 on September 29, 2025. The unit encompasses 3,959 square feet, resulting in a price per square foot of $2,816. The seller of the property was Mark Sutcliffe.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $11,150,000
- Address: 7441 Fisher Island Drive, Key Biscayne
- Square Footage: 3,959 SF
- Price Per Square Foot: $2,816
- Buyer: Ajoy Fisher Island LLC
- Seller: Mark Sutcliffe
This transaction involved Ajoy Fisher Island LLC as the buyer, while Mark Sutcliffe was the seller. The deal reflects the engagement of these parties in the real estate market on Fisher Island Drive, highlighting their roles in the closed transaction.
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
1.42%
Cash-on-Cash
-0.41%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93