The Real Deal Miami

Goldman Sachs adviser sells Fisher Island condo for $8.4M

6,700 sf unit last sold for $5.6M in 2005

April 12, 2016 02:15PM
By Katherine Kallergis

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Unit 5292 at 5292 Fisher Island Drive

Unit 5292 at 5292 Fisher Island Drive

A senior adviser at Goldman Sachs sold his Fisher Island condo for $8.4 million, or about $1,254 per square foot, records show.

Steven Kerr and his wife Deborah J. Kerr sold the 6,700-square-foot unit to Maroks LLC, an entity controlled by Marks Moskvins. The three-bedroom, four-bathroom condo is at Bayview Fisher Island, which was completed in 1992.

Since then, Steven G. renovated the unit, which features Venetian plaster walls, marble floors, granite and custom cabinetry. It has two fireplaces, two home offices, a chef’s kitchen, a 3-D movie theater and 17 TVs, according to the listing. It also includes six balconies and a terrace with a Jacuzzi, sun deck and summer kitchen.

The Fisher Island residence was on the market for about $10.8 million since April of last year. Coldwell Banker’s The Jills were listing agents for unit 5292. Property records show the Kerrs paid $5.55 million for it in 2005. They also own another condo at Bayview, unit 5234, which they acquired in 2008 for $3.9 million.

The buyer, Moskvins, also owns a condo at Turnberry Ocean Colony, an oceanfront twin-tower development in Sunny Isles Beach. He’s listing the 3,480-square-foot unit for about $4.4 million.

In March, Palazzo del Sol opened on Fisher Island, marking the first new product on the island since 2007. In 2013, the community completed a $60 million “restoration initiative” to improve the amenities, boutique hotel and common grounds.