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
About this deal
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.
On the Map
$12,500,000
$2,548/SF
Condo
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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
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93