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6800 Fisher Island Drive, M...

Randall P. Fiorenza Acquires $16M Condo At 6800 Fisher Island Drive In Miami Beach
SOLDSingle Family Residence

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

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker
Luxury Living Realty
Luxury Living RealtyBrokerage
Heinrich Von Hanau

Heinrich Von Hanau

One Sotheby’s International Realty

Seller

$78.5M

vol

8 deals

Seller

Miami Beach Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

Loading comparables…

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