Brigitte Lina & Mendel Fellig Acquire Bal Harbour SFR For $11.5M
56 Bal Bay Drive, Bal Harbour, FL 33154
$11,500,000
$1,064/SF
Building Size
10,801 SF
Asset Type
Single Family Residence
Closing
Jun 18, 2020
AI
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
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
1.38%
Cash-on-Cash
-0.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93