Douglas Elliman Acquires Fisher Island Condo For $9.95M
7921 Fisher Island Dr Miami, FL 33109, USA
$9,950,000
$2,779/SF
Building Size
3,580 SF
Asset Type
Condo
Closing
Jun 16, 2023
AI
A condo located at 7921 Fisher Island Dr in Fisher Island has been sold for $9,950,000. The property spans 3,580 square feet and has a price per square foot of $2,779.
Summary of transaction details
- Property Type: Condo
- Transaction Amount: $9,950,000
- Square Footage: 3,580
- Address: 7921 Fisher Island Dr
- Market: Fisher Island
The buyer's representatives for this transaction were Laura Castillo and Lourdes Alatriste from Douglas Elliman. On the other side, Karla Abaunza represented the seller through Luxury Living Realty.
Players
Miami Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.59%
Cash-on-Cash
-0.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93