Randall P. Fiorenza Acquires $16M Condo At 6800 Fisher Island Drive In Miami Beach
6800 Fisher Island Drive, Miami Beach, FL, USA
$16,000,000
$4,202/SF
Building Size
3,807 SF
Asset Type
Single Family Residence
Closing
Dec 17, 2020
AI
Located at 6800 Fisher Island Drive in Miami Beach, this condominium was recently sold in a closed transaction. The property, measuring 7,609 square feet, offers a spacious living area. The unit was sold on December 18, 2020, for a price of $16,000,000, resulting in a price per square foot of $2,103. The transaction involved a buyer, Randall P. Fiorenza of Tiger Aircraft Trading, and a seller, Fisher Island Holdings LLC, represented by Heinrich Von Hanau. The brokerage firm Luxe Living Realty, with Dora Puig as the agent, facilitated the deal.
Summary of transation details
- Property Type: Condo
- Transaction Amount: $16,000,000
- Square Footage: 7,609
- Price Per Square Foot: $2,103
- Buyer: Randall P. Fiorenza - Tiger Aircraft Trading
- Seller: Fisher Island Holdings LLC - Heinrich Von Hanau
- Broker: Dora Puig - Luxe Living Realty
- Date: 12/18/2020
Randall P. Fiorenza, representing Tiger Aircraft Trading, purchased the condo from Fisher Island Holdings LLC, with the seller being represented by Heinrich Von Hanau. The transaction was facilitated by Dora Puig of Luxe Living Realty. This successful sale showcases the continued demand for high-end properties in Miami Beach.
Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.99%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93