Madar Group USA Sells Three Ultra-Luxury Homes On Fisher Island For $105.5 Million
Fisher Island
$105,500,000
Building Size
—
Asset Type
—
Closing
May 26, 2026
AI
The asset involved in this transaction is a single-family property located on Fisher Island in the Miami Beach market, encompassing 2.5 acres. The sale price for this property is $105,500,000. The residence is part of a larger development known as the Mansions on Fisher Island.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $105,500,000
- Address: Fisher Island
- Market: Miami Beach, FL
- Seller: Jean Madar & David-Emmanuel Cohen - Madar Group USA
- Broker: Dora Puig - Luxury Living Realty
In this transaction, the Madar Group USA, represented by Jean Madar and David-Emmanuel Cohen, has successfully sold three ultra-luxury homes, leaving just three remaining residences available in the development. Dora Puig acted as the broker representing the seller in this high-value real estate deal.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93