SOLDSingle Family Residence
Cindy Orlinsky Of Douglas Elliman Represents Buyer In $43.2M Sale In Bal Harbour
56 Bal Bay Drive
$43,200,000
$3,999/SF
Building Size
10,801 SF
Asset Type
Single Family Residence
Closing
Jun 15, 2026
AI
The property asset involved in the transaction is a single-family home located at 56 Bal Bay Drive in Bal Harbour. The sale was completed for $43,200,000, and the property encompasses a total square footage of 10,801, resulting in a price per square foot of $3,999.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $43,200,000
- Address: 56 Bal Bay Drive
- Market: Bal Harbour
- Square Footage: 10,801
- Price per Square Foot: $3,999
- Seller: Saber Real Estate South
- Buyer's Representative: Cindy Orlinsky - Douglas Elliman
- Seller's Representatives: Dina Goldentayer - Douglas Elliman; Joel Lusky - The Brokerage South Florida Real Estate
The transaction involved key representatives in the real estate market, including buyer's representative Cindy Orlinsky, who is affiliated with Douglas Elliman. On the seller's side, Dina Goldentayer, also from Douglas Elliman, along with Joel Lusky from The Brokerage South Florida Real Estate represented the seller Saber Real Estate South in this transaction.
Players
Market 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
0.37%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93