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6109 West Laguna Drive

Mitchell Rubinson Sells Miami Beach Condo For $5.1 Million With Jordan Karp And Joel Lusky As Seller's Reps
SOLDCondo

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

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.

Players

Joel Lusky

The Brokerage South Florida Real Estate

Broker

$551.9M

vol

47 deals

Broker

Miami Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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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