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Patrick Dovigi Of Green For Life Environmental Sells Waterfront Home In Bal Harbour For $69.5M
SOLD
$69,500,000
Florida
See Similar DealsSingle Family9,104 SF
Sold 03/06/2025
SOLD
Patrick Dovigi Of Green For Life Environmental Sells Waterfront Home In Bal Harbour For $69.5M
276 Bal Bay Drive
See Similar DealsSingle Family9,104 SF
Sold 03/06/2025
Summary
FLORIDA
Asset Type:Single Family
Price Per Square Foot:$7,634
Total Square Footage:9,104 SF
Transaction Type:Sale
A partially built waterfront single-family home located at 276 Bal Bay Drive in Bal Harbour was sold for $69.5 million. The property encompasses 1.06 acres and has a total square footage of 9,104, resulting in a price per square foot of $7,634.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $69,500,000
- Address: 276 Bal Bay Drive
- Market: Bal Harbour
- Seller: Patrick Dovigi - Green For Life Environmental
- Broker: Dina Goldentayer - Douglas Elliman
Ex-pro hockey player Patrick Dovigi, who leads a significant Canadian waste management firm, completed this deal through an off-market transaction. The buyer's identity remains undisclosed, and the successful brokerage of the sale was managed by Dina Goldentayer from Douglas Elliman.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$3,706,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$246,918.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$329,465.46
Annual Debt Service$3,953,585.49
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