Frankel Holdings Sells Miami Condo At 2821 South Bayshore Drive For $5.3M With Gabriela Dajer As Seller's Rep
2821 South Bayshore Drive
$5,300,000
$1,837/SF
Building Size
2,884 SF
Asset Type
Condo
Closing
Jul 13, 2026
About this deal
AI
The transaction involved a condo located at 2821 South Bayshore Drive Unit 6B in the Miami market. It was sold for a price of $5,300,000, which equates to a price per square foot of $1,837. The property encompasses a total area of 2,884 square feet.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,300,000
- Square Footage: 2,884
- Price Per Square Foot: $1,837
- Seller: Frankel Holdings
- Buyer's Representative: Michael Light & Jaimee Light - The Light Group - Douglas Elliman
- Seller's Representative: Gabriela Dajer - One Sotheby’s International Realty (ONESIR)
- Date of Transaction: 07/13/2026
The deal featured representation by Michael Light and Jaimee Light from The Light Group under Douglas Elliman, acting on behalf of the buyer. The seller was represented by Gabriela Dajer from One Sotheby’s International Realty (ONESIR). The involved parties facilitated the transaction, ensuring a smooth process for the involved asset exchange.
On the Map
$5,300,000
$1,837/SF
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.99%
Cash-on-Cash
-0.86%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93