Dina Goldentayer & Berkowitz Pollack Brant Acquire Bal Harbour SFR For $23.9M
224 Bal Bay Drive, Bal Harbour, FL, USA
$23,900,000
$2,108/SF
Building Size
11,338 SF
Asset Type
Single Family Residence
Closing
Oct 25, 2020
AI
The single-family residence located at 224 Bal Bay Drive in Bal Harbour has been sold for a price of $23,900,000. The property spans 11,338 square feet, resulting in a price per square foot of $2,108. The sale was completed on October 26, 2020.
Summary of transaction details
- Property Type: SFR
- Transaction Amount: $23,900,000
- Address: 224 Bal Bay Drive
- Market: Bal Harbour
The buyer in this transaction was Barry M. Brant, representing Berkowitz Pollack Brant. The seller was US PLO 224 LLC, owned by Pascale & Laurent Ouazana. The deal was facilitated by Dina Goldentayer from Douglas Elliman.
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
0.66%
Cash-on-Cash
-0.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93