Updated Mar 6, 2025
Patrick Dovigi Of Green For Life Environmental Sells Waterfront Home In Bal Harbour For $69.5M
276 Bal Bay Drive
$69,500,000
$7,634/SF
Building Size
9,104 SF
Asset Type
Single Family
Closing
Mar 6, 2025
About this deal
AI
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.
On the Map
$69,500,000
$7,634/SF
Single Family
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Bal Harbour Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.23%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93