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Dora Puig Of Luxury Living Realty Facilitates $38M Sale On Fisher Island Drive

Property Image
SOLD
$38,000,000

Florida

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Single Family10,300 SF
Sold 04/10/2024
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Property Image
SOLD

Dora Puig Of Luxury Living Realty Facilitates $38M Sale On Fisher Island Drive

1006 Fisher Island Drive

See Similar Deals
Single Family10,300 SF
Sold 04/10/2024
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,689
Total Square Footage:10,300 SF
Transaction Type:Sale

The waterfront property at the Links Estates on Fisher Island has been placed under contract. The single-family home features seven bedrooms, eight-and-a-half bathrooms, and spans 10,300 square feet. The address of the property is 1006 Fisher Island Drive, situated in Miami Beach. The property is listed by Dora Puig of Luxury Living Realty and is seeking a price of $38 million, equating to a price per square foot of $3,689.

Summary of transation details:

  • Property Type: Single Family
  • Transaction Amount: $38,000,000
  • SF: 10,300
  • Address: 1006 Fisher Island Drive
  • Market: Miami Beach
  • Broker: Dora Puig - Luxury Living Realty

Last week, the second priciest single-family home to enter contract was the waterfront property at the Links Estates on Fisher Island. Dora Puig of Luxe Living Realty represents the property in the deal, showcasing her expertise in the luxury real estate market of Miami Beach.

Players

Dora Puig
Luxe Living Realty
Dora Puig
86 deals$1.4B volume(305) 613-2118
BROKER

Details

SOLD
IMAGE: CONTRACT IMAGE: Dora Puig DATE: 04/10/2024 ADDRESS: 1006 Fisher Island Drive MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.43 BROKER: Dora Puig (@DoraPuig) - Luxury Living Realty (@LuxuryLivingRealty) PRICE: $38,000,000 SF: 10,300 ~ PPSF: $3,689 NOTE: Last week, the second priciest single-family home to enter contract is a waterfront property at the Links Estates on Fisher Island, listed by Dora Puig of Luxe Living Realty. The mansion, boasting seven bedrooms and eight-and-a-half bathrooms across 10,300 square feet, is seeking $38 million.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,026,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$135,005.97
Cash-on-Cash Return-1.27%
Monthly Debt Service$180,139.39
Annual Debt Service$2,161,672.64