Zalmy Shapiro Of The Brokerage South Florida Real Estate Represents Buyer In $10.8M Bal Harbour Sale
217 Bal Cross Drive
$10,800,000
$1,999/SF
Building Size
5,402 SF
Asset Type
Single Family Residence
Closing
Mar 4, 2026
AI
A single-family home located at 217 Bal Cross Drive in the Bal Harbour market was sold for $10,800,000. The property spans a total area of 5,402 square feet, resulting in a price per square foot of $1,999.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,800,000
- Address: 217 Bal Cross Drive
- Market: Bal Harbour
- Square Footage: 5,402
- Price per Square Foot: $1,999
- Buyer's Representative: Zalmy Shapiro - The Brokerage South Florida Real Estate
- Seller's Representatives: Jordan Karp - Jordan Karp LLC; Joel Lusky - The Brokerage South Florida Real Estate
The transaction involved multiple representatives, including Zalmy Shapiro, who represented the buyer, while the seller was represented by Jordan Karp and Joel Lusky. This collaborative effort among agents facilitated the closure of the transaction in the Bal Harbour market.
Players
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
1.47%
Cash-on-Cash
-0.42%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93