David Marshall Purchases Condo At 2655 South Bayshore Drive For $6.25M With Marco Tine As The Broker
SOLD
$6,390,000
Florida
See Similar DealsCondo2,648 SF
Sold
SOLD
David Marshall Purchases Condo At 2655 South Bayshore Drive For $6.25M With Marco Tine As The Broker
2655 South Bayshore Drive
See Similar DealsCondo2,648 SF
Sold
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$2413
Total Square Footage:2648 SF
Transaction Type:Sale
The condo located at 2655 South Bayshore Drive Unit 1602 in Miami is a notable property that recently sold for $6,250,000. This unit spans 2,648 square feet, reflecting a price per square foot of $2,360. This transaction highlights the luxury real estate market in Miami.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $6,250,000
- Sale Date: 02/25/2026
- Buyer: David Marshall
- Seller: Howard Weissman
- Buyer's Representative: Marco Tine - CASA Collection Group - Serhant
- Seller's Representative: Roberta Tazzini - BHHS EWM Realty
- Square Footage: 2,648
- Price Per Square Foot: $2,360
- Market: Miami
- Note: Record-breaking sale
This sale involved key individuals in the real estate transaction, with Marco Tine representing the buyer David Marshall and Roberta Tazzini representing the seller Howard Weissman, showcasing the collaborative efforts of their respective agencies to facilitate this record-breaking deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$340,800.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$22,702.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$30,291.86
Annual Debt Service$363,502.32
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