Mitchell Rubinson Sells Miami Beach Condo For $5.1 Million With Jordan Karp And Joel Lusky As Seller's Reps
6109 West Laguna Drive
$5,100,000
$1,115/SF
Building Size
4,574 SF
Asset Type
Condo
Closing
Mar 11, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 6109 West Laguna Drive in the Miami Beach market. The sale was finalized for a price of $5,100,000, with a total square footage of 4,574, which results in a price per square foot of $1,114.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $5,100,000
- Address: 6109 West Laguna Drive
- Market: Miami Beach
- Square Footage: 4,574
- Price Per Square Foot: $1,114
- Seller: Mitchell Rubinson
- Buyer's Representative: Meredith Verona - The Corcoran Group
- Seller's Representatives: Jordan Karp - Jordan Karp LLC; Joel Lusky - The Brokerage South Florida Real Estate
In this transaction, Mitchell Rubinson acted as the seller, while Meredith Verona represented the buyer through The Corcoran Group. The seller was represented by Jordan Karp from Jordan Karp LLC and Joel Lusky from The Brokerage South Florida Real Estate, indicating a collaborative effort among multiple real estate professionals in this deal.
On the Map
$5,100,000
$1,115/SF
Condo
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Players
Miami Beach Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Deal FAQ
About $1.1K per square foot on a published $5.1M for 4,574 square feet (2026).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93