SOLDLand
Monica S. Betancourt & Dina Goldentayer Close $31M Residential Land Deal at 220 Bal Bay Dr, Bal Harbour
220 Bal Bay Drive
$31,000,000
Building Size
—
Asset Type
Land
Closing
May 6, 2026
AI
The property asset involved in this transaction is residential land located at 220 Bal Bay Drive in the Bal Harbour market. The sale price for this asset was $31,000,000.
Summary of transaction details:
- Property Type: Residential Land
- Transaction Amount: $31,000,000
- Address: 220 Bal Bay Drive
- Market: Bal Harbour
- Seller's Representative: Monica S. Betancourt - Coldwell Banker
- Buyer's Representative: Dina Goldentayer - Douglas Elliman
This transaction was facilitated by Monica S. Betancourt representing the seller through Coldwell Banker and Dina Goldentayer representing the buyer through Douglas Elliman.
Players
Bal Harbour Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93