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9110 West Bay Harbor Drive

Landau Properties Sells Condo At 9110 West Bay Harbor Drive For $13 Million With David Pullman And Vanessa Frank As Seller's Representatives
SOLD

Landau Properties Sells Condo At 9110 West Bay Harbor Drive For $13 Million With David Pullman And Vanessa Frank As Seller's Representatives

Building Size

Asset Type

Closing

Dec 8, 2025

AI

The property asset involved in the transaction is a condo located at 9110 West Bay Harbor Drive, Residence 6, in the Bay Harbor Islands market. It is listed at a price of $13,000,000 and has a total square footage of 5,164, resulting in a price per square foot of $2,517.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $13,000,000
  • Address: 9110 West Bay Harbor Drive, Residence 6
  • Market: Bay Harbor Islands
  • Seller: Landau Properties
  • Buyer's Representative: Kyle Blackmon - Compass
  • Seller's Representatives: David Pullman & Vanessa Frank - One Sotheby's International Realty
  • Square Footage: 5,164
  • Price per Square Foot: $2,517

This transaction is notable as it completes the sales at Indian Creek Residences, marking the full sell-out of the project. The architectural design of the building aimed for a boutique feel that emphasizes privacy and elegance, created by Kobi Karp and Linda Zarifi. Nearby, Landau Properties has initiated leasing at One Kane, reflecting their continued commitment to design and hospitality within the area.

Players

Vanessa Frank

Sotheby's International Realty

Broker

$79.4M

vol

15 deals

Broker
Sotheby's International Realty
Sotheby's International RealtyBrokerage
Compass
CompassBrokerage

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93