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122 Bal Bay Dr, Bal Harbour...

Moshe Goldshtein Sells Bal Harbour SFR For $5.5M
SOLDSingle Family Residence

Moshe Goldshtein Sells Bal Harbour SFR For $5.5M

122 Bal Bay Dr, Bal Harbour, FL 33154, USA

$5,500,000

$1,275/SF

Building Size

4,312 SF

Asset Type

Single Family Residence

Closing

Sep 17, 2020

AI

The recently closed transaction in Bal Harbour involved the sale of a single-family residence located at 122 Bal Bay Dr. This property fetched a price of $5,500,000, making it a notable transaction in the area.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $5,500,000
  • Address: 122 Bal Bay Dr
  • Market: Bal Harbour

Moshe Goldshtein from Harding Realty successfully brokered the deal between the seller, Richard Coles & Northern Trust, and the buyer. This marked Moshe Goldshtein's fourth sale in Bal Harbour Village since July 2020, with a total sales volume of over $20 million in this period.

Players

Moshe Goldshtein

Sotheby's International Realty

Broker

$128M

vol

17 deals

Broker
Richard Coles

Richard Coles

Seller

$956.6M

vol

9 deals

Seller

Bal Harbour Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.88%

Cash-on-Cash

-0.82%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93