Updated Dec 19, 2023
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
About this deal
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.
The single family residence sale at 56 Bal Bay Drive, Bal Harbour, FL 33154 in Bal Harbour, Florida sold for $11.5M in 2020. The building is 10,801 square feet, implying about 1.1K per square foot on the published price. Brigitte Lina, Mendel Fellig, Sotheby's International Realty, Compass appear on the sale alongside Sotheby's International Realty, Compass. This page is the Bal Harbour, Florida file for the 56 Bal Bay Drive, Bal Harbour, FL 33154 single family residence sold: pricing, party profiles, and other closed single family residence comps from the same Bal Harbour sit in the Market section below. Filter that Bal Harbour single family residence set by closing date to see what else sold near 56 Bal Bay Drive, Bal Harbour, FL 33154 around 2020. Published consideration for 56 Bal Bay Drive, Bal Harbour, FL 33154 is $11.5M, dated 2020. Cite this Brigitte Lina & Mendel Fellig Acquire Bal Harbour SFR For $11.5M sale when underwriting similar single family residence product around Bal Harbour, Florida.
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