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Brandon Shiller's 7043 Fisher Island LLC Acquires Condo From Planet 2 Reaching For $18.36M

Property Image
SOLD
$18,360,000
Diana Gutierrez
Alex Pirez

Florida

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Condo9,514 SF
Sold 06/20/2025
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Property Image
SOLD

Brandon Shiller's 7043 Fisher Island LLC Acquires Condo From Planet 2 Reaching For $18.36M

7043 Fisher Island Drive

See Similar Deals
Condo9,514 SF
Sold 06/20/2025
Diana Gutierrez
Alex Pirez
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$1,929
Total Square Footage:9,514 SF
Transaction Type:Sale

A condo located at 7043 Fisher Island Drive Unit 7043 in Miami Beach sold for $18,360,000. This property encompasses 9,514 square feet, with a price per square foot of $1,930.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $18,360,000
  • Buyer: Brandon Shiller - 7043 Fisher Island LLC
  • Seller: Planet 2 Reaching
  • Brokers: Alex Pirez & Diana Gutierrez - Mocca Realty
  • Square Footage: 9,514
  • Price Per Square Foot: $1,930

This transaction involved a condo associated with fugitive Raul Gorrin Belisario. The sale was part of a $140 million anti-terrorism judgment won by Antonio Caballero, resulting in $6 million directed to Caballero and $13.5 million to the U.S. Treasury.

Players

Diana Gutierrez
Mocca Realty
Diana Gutierrez
14 deals$217.5M volume
BROKER
Alex Pirez
Mocca Group
Alex Pirez
24 deals$537.8M volume
BROKER
Mocca Group
Mocca Group
BROKERAGE

Details

SOLD
IMAGE: Alex Pirez DATE: 06/20/2025 ADDRESS: 7043 Fisher Island Drive Unit 7043 MARKET: Miami Beach ASSET TYPE: Condo BUYER: Brandon Shiller - 7043 Fisher Island LLC SELLER: Planet 2 Reaching BROKERS: Alex Pirez (@AlexPirez) & Diana Gutierrez (@DianaPuenteGutierrez) - Mocca Realty SALE PRICE: $18,360,000 SF: 9,514 ~ PPSF: $1,930 NOTE: A Fisher Island condo tied to fugitive Raul Gorrin Belisario sold for $18.36M to satisfy part of a $140M anti-terrorism judgment won by Antonio Caballero. The 9,514-sf unit at Palazzo Del Sol was sold by Planet 2 Reaching to an LLC managed by Brandon Shiller, resulting in $6M paid to Caballero and $13.5M to the U.S. Treasury.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$979,200.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$65,229.20
Cash-on-Cash Return-1.27%
Monthly Debt Service$87,035.77
Annual Debt Service$1,044,429.20