Mendel Fellig of Compass represented the buyers, while Julian Johnston of The Corcoran Group represented the sellers in the $12 million sale of a waterfront mansion in Miami Beach.

The property asset involved in the transaction is a single-family home located at 4500 Prairie Avenue in Miami Beach. This waterfront mansion covers an area of 6,796 square feet and sits on 0.55 acres. The residence features seven bedrooms, a pool, a sauna, a dock, and a fitness room. It was sold for $12,000,000, reflecting a price per square foot of $1,766. The home was previously traded for $4.06 million before being expanded in 2019.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $12,000,000
• Address: 4500 Prairie Avenue
• Market: Miami Beach
• Square Footage: 6,796
• Acres: 0.55
• Seller: Federica Bisazza; Andrea Di Giuseppe - Trend Group
• Buyer's Representative: Mendel Fellig - Compass
• Seller's Representative: Julian Johnston - The Corcoran Group
• Price Per Square Foot: $1,766

The transaction was facilitated by Mendel Fellig of Compass representing the buyers and Julian Johnston of The Corcoran Group representing the sellers.