facebook
Traded Co logo
Submit

Banna Fakhoury Of One Sotheby’s International Realty Represents Buyer In $6M Miami Condo Sale

Property Image
SOLD
$6,000,000

Florida

See Similar Deals
Condo2,623 SF
Sold 12/30/2026
the dealplayerscompscontact
Property Image
SOLD

Banna Fakhoury Of One Sotheby’s International Realty Represents Buyer In $6M Miami Condo Sale

Condo2,623 SF
Sold 12/30/2026
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,287
Total Square Footage:2,623 SF
Transaction Type:Sale

A condo located in Miami has been successfully sold for $6,000,000. The property spans 2,623 square feet, resulting in a price per square foot of $2,287.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $6,000,000
  • Square Footage: 2,623
  • Price per Square Foot: $2,287
  • Buyer's Representative: Banna Fakhoury - One Sotheby’s International Realty
  • Seller's Representative: John Wilson - Douglas Elliman
  • Date of Transaction: 12/30/2026

The transaction was facilitated swiftly, with the contract reaching closure in less than 7 days during the holiday season, as noted by the buyer's representative, marking a record-breaking timeframe for such a deal.

Players

Banna Fakhoury
3 deals$22M volume
BROKER

John Wilson
Douglas Elliman
1 deal$6M volume
BROKER

Douglas Elliman
BROKERAGE

Details

SOLD
IMAGE: Banna Fakhoury & John Wilson DATE: 12/30/2026 MARKET: Miami ASSET TYPE: Condo BUYER'S REP: Banna Fakhoury (@Miami__realestate) - One Sotheby’s International Realty (@OneSIR) SELLER'S REP: John Wilson (@JohnWilson.Elliman) - Douglas Elliman (@DouglasElliman) SALE PRICE: $6,000,000 SF: 2,623 ~ PPSF: $2,287 NOTE FROM BUYER'S REP: Contract to Close in less than 7 days during the Holidays! Record breaking time.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$319,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$21,316.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,443.06
Annual Debt Service$341,316.73