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7441 Fisher Island Drive

Ajoy Fisher Island LLC Purchases Condo From Mark Sutcliffe For $11.15M In Key Biscayne
SOLDCondo

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

Mark Sutcliffe

Seller

$66.9M

vol

4 deals

Seller

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