Brandon Shiller's 7043 Fisher Island LLC Acquires Condo From Planet 2 Reaching For $18.36M
7043 Fisher Island Drive
$18,360,000
$1,929/SF
Building Size
9,514 SF
Asset Type
Condo
Closing
Jun 20, 2025
AI
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
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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93