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7043 Fisher Island Drive

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

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

Diana Gutierrez

Mocca Realty

Broker

$217.5M

vol

14 deals

Broker
Mocca Group
Mocca GroupBrokerage

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