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Madar Group USA Sells Three...

Madar Group USA Sells Three Ultra-Luxury Homes On Fisher Island For $105.5 Million
SOLD

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

Dora Puig

Luxe Living Realty

Broker

$1.4B

vol

86 deals

Broker

David-Emmanuel Cohen

Seller

$220.7M

vol

6 deals

Seller

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

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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