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

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SOLD
$12,500,000

Florida

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Condo4,904 SF
Sold 07/10/2025
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Property Image
SOLD

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

6800 Fisher Island Drive

See Similar Deals
Condo4,904 SF
Sold 07/10/2025
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$2,548
Total Square Footage:4,904 SF
Transaction Type:Sale

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
45 deals$1.1B volume
BROKER

Shawn Elliott
Nest Seekers International
8 deals$156.8M volume
BROKER

Melissa Barragan
Dezer Platinum Realty
21 deals$172.7M volume
BROKER

Dezer Platinum Realty
BROKERAGE


Details

SOLD
IMAGE: Jill Eber, Shawn Elliott & Melissa Barragan DATE: 07/10/2025 ADDRESS: 6800 Fisher Island Drive MARKET: Miami Beach ASSET TYPE: Condo BUYER'S REP: Melissa Barragan (@Liv_mor) - Dezer Platinum Realty; Shawn Elliott (@ShawnElliottrealestate) - Nest Seekers International (@NestSeekers) SELLER'S REP: Jill Eber (@JillEber) - Coldwell Banker (@ColdwellBanker) SALE PRICE: $12,500,000 SF: 4,904 ~ PPSF: $2,548

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$666,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$44,409.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$59,256.38
Annual Debt Service$711,076.53