Nancy Batchelor And Andrew Holtz Of Compass & Sam Gaita Of The Corcoran Group Close $37.8M Condo Sale In Miami Beach
Palazzo Della Luna On Fisher Island
$37,800,000
$3,836/SF
Building Size
9,852 SF
Asset Type
Condo
Closing
Oct 28, 2026
About this deal
AI
A condo located at 6800 Fisher Island Drive - Palazzo Della Luna on Fisher Island in Miami Beach was sold. The transaction took place for a price of $37,800,000. The condo has a total area of 9,852 square feet, with a price per square foot amounting to $3,836.
Summary of transation details:
- Property Type: Condo
- Transaction Amount: $37,800,000
- Address: 6800 Fisher Island Drive - Palazzo Della Luna, Miami Beach
- Square Footage: 9,852
- Price Per Square Foot: $3,836
The transaction was facilitated by brokers Nancy Batchelor and Andrew Holtz from Compass, alongside Sam Gaita from The Corcoran Group, representing the buyer and seller throughout the process.
On the Map
$37,800,000
$3,836/SF
Condo
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.42%
Cash-on-Cash
-0.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93