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83 Bal Bay Drive, Bal Harbo...

Moshe Goldshtein Represents Buyer In $8M Bal Harbour SFR Sale
SOLDSingle Family Residence

Moshe Goldshtein Represents Buyer In $8M Bal Harbour SFR Sale

83 Bal Bay Drive, Bal Harbour, Florida 33154, United States

$8,000,000

$1,382/SF

Building Size

5,787 SF

Asset Type

Single Family Residence

Closing

Apr 28, 2022

AI

A single-family home located at 83 Bal Bay Dr in Bal Harbour has been sold for $8,000,000. The property is spread across 5,787 square feet, resulting in a price per square foot of $1,382. The transaction took place on April 29, 2022.

Summary of transaction details:

  • Property Type: Single Family Residence (SFR)
  • Transaction Amount: $8,000,000
  • Address: 83 Bal Bay Dr
  • Market: Bal Harbour

The sellers of the property were Heidi K. Cromwell and Douglas H. Cromwell. Representing the buyer was Moshe Goldshtein from One Sothebys International Realty, while Danny Hertzberg from Coldwell Banker acted as the seller's representative.

This deal was sourced and closed completely off-market. For more off-market opportunities in the exclusive guard gated Bal Harbour Village, interested parties can contact Moshe Goldshtein.

Players

Moshe Goldshtein

Sotheby's International Realty

Broker

$128M

vol

17 deals

Broker

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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93