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Brigitte Lina & Mendel Fellig Acquire Bal Harbour SFR For $11.5M

Property Image
SOLD
$11,500,000

Florida

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Single Family Residence10,801 SF
Sold 06/18/2020
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Property Image
SOLD

Brigitte Lina & Mendel Fellig Acquire Bal Harbour SFR For $11.5M

56 Bal Bay Drive, Bal Harbour, FL 33154

See Similar Deals
Single Family Residence10,801 SF
Sold 06/18/2020
Contact now

Summary

FLORIDA
Asset Type:Single Family Residence
Price Per Square Foot:$1,064
Total Square Footage:10,801 SF
Transaction Type:Sale

An SFR located at 56 Bal Bay Dr in Bal Harbour has been sold for $11,500,000. The transaction took place on June 18, 2021. The property spans over a lot size of 12,046 square feet.

Summary of transaction details

  • Property Type: SFR
  • Transaction Amount: $11,500,000
  • Date: 06/18/2021
  • Address: 56 Bal Bay Dr
  • Market: Bal Harbour
  • Lot Size: 12,046

The sale was facilitated by Brigitte Lina and Mendel Fellig. They acted as the brokers in the transaction.

Players

Mendel  Fellig
28 deals$201.9M volume
BROKER

Brigitte Lina
Sotheby's International Realty
8 deals$34.7M volume(786) 267-7320
BROKER

Details

SOLD
IMAGE: Mendel Fellig & Brigitte Lina DATE: 06/18/2021 ADDRESS: 56 Bal Bay Dr MARKET: Bal Harbour ASSET TYPE: SFR BROKERS: Brigitte Lina & Mendel Fellig SALE PRICE: $11,500,000 LOT SIZE: 12,046

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$613,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,857.09
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,515.87
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