Mario Beltran & Kameel Jiwa Of Miami Super Prime Represent Seller In $8.55M Miami Beach Condo Sale
7937 Fisher Island Drive
$8,550,000
$3,219/SF
Building Size
2,656 SF
Asset Type
Condo
Closing
Mar 29, 2026
About this deal
AI
The property asset involved in this transaction is a condo located at 7937 Fisher Island Drive Unit 7937 in the Miami Beach market. The sale price for this condo was $8,550,000. The unit encompasses a total square footage of 2,656, which equates to a price per square foot of $3,219.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $8,550,000
- Address: 7937 Fisher Island Drive Unit 7937
- Market: Miami Beach
- Square Footage: 2,656
- Price Per Square Foot: $3,219
- Seller's Representatives: Mario Beltran & Kameel Jiwa - Miami Super Prime
The deal involved noted representatives Mario Beltran and Kameel Jiwa, who acted on behalf of the seller in this transaction, marking their role in facilitating the successful sale of the property on Fisher Island Drive.
On the Map
$8,550,000
$3,219/SF
Condo
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Miami Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.86%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93