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6800 Fisher Island Drive

Melissa Barragan And Shawn Elliott Represent Buyer In Sale Of Condo For $12.5M In Miami Beach
SOLDCondo

Melissa Barragan And Shawn Elliott Represent Buyer In Sale Of Condo For $12.5M In Miami Beach

6800 Fisher Island Drive

$12,500,000

$2,548/SF

Building Size

4,904 SF

Asset Type

Condo

Closing

Jul 9, 2025

AI

The property asset involved in the transaction is a condo located at 6800 Fisher Island Drive in the Miami Beach market. The sale price for this property was $12,500,000, with a total square footage of 4,904, resulting in a price per square foot of $2,548.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $12,500,000
  • Square Footage: 4,904
  • Price Per Square Foot: $2,548
  • Address: 6800 Fisher Island Drive
  • Market: Miami Beach
  • Buyer's Representative: Melissa Barragan - Dezer Platinum Realty
  • Buyer's Representative: Shawn Elliott - Nest Seekers International
  • Seller's Representative: Jill Eber - Coldwell Banker

The deal involved notable representatives such as Melissa Barragan from Dezer Platinum Realty and Shawn Elliott from Nest Seekers International, who represented the buyer. The seller was represented by Jill Eber from Coldwell Banker, highlighting the collaboration between multiple real estate agencies in this transaction.

Players

Jill Eber

Coldwell Banker

Broker

$1.1B

vol

46 deals

Broker
Dezer Platinum Realty
Dezer Platinum RealtyBrokerage

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

1.27%

Cash-on-Cash

-0.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93