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5930 North Bay Road
SOLD

Barry Diller Acquires Bruce Beal Jr.'s $45M North Bay Road Property

5930 North Bay Road

Single Family
13,600 SF
clock iconSold 144 days ago
Reid Heidenry
Marko Gojanovic
Michael (Mick) Duchon
+ 2
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Summary

Sale
FLORIDA
Single Family
13,600 sqft

The waterfront North Bay Road property in Miami Beach has been put under contract for a record $45 million. Spanning 1.5 acres, the property was previously the site of the Whitehall Mansion. The transaction equated to a price of $3,309 per square foot and involved the sale between seller Bruce Beal Jr. from Related Companies and buyer Barry Diller.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $45,000,000
  • Address: 5930 North Bay Road
  • Market: Miami Beach
  • SF: 13,600
  • BUYER: Barry Diller
  • SELLER: Bruce Beal Jr. - Related Companies

The buyer's representatives involved in the deal were Brett Harris from Douglas Elliman, as well as Marko Gojanovic and Reid Heidenry from Sotheby's International Realty. On the other side, Mick Duchon from The Corcoran Group represented the seller.

Players

  • All

    7

  • Agents

    4

  • Agencies

    3

Reid Heidenry's profile picture
Reid Heidenry
Sotheby's International Realty-image
Luxury Real Estate Agent
$309M Sold

Details

Deal Summary
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SOLD
IMAGE: CONTRACT IMAGE: Reid Heidenry, Bruce Beal Jr., Barry Diller, Brett Harris, Marko Gojanovic & Mick Duchon DATE: 02/20/2024 ADDRESS: 5930 North Bay Road MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 1.5 BUYER: Barry Diller SELLER: Bruce Beal Jr. - Related Companies (@RelatedCos) BUYER'S REP: Brett Harris (@BrettHarrisHomes) - Douglas Elliman (@DouglasElliman); Marko Gojanovic (@Marko_Gojanovic) & Reid Heidenry (@MRLuxuryGroup) - Sotheby's International Realty (@SothebysRealty) SELLER'S REP: Mick Duchon (@Mick_Duchon) - The Corcoran Group (@TheCorcoranGroup) PRICE: $45,000,000 SF: 13,600 ~ PPSF: $3,309 NOTE: Billionaire media tycoon Barry Diller is in contract to buy Bruce Beal Jr.'s waterfront North Bay Road property in Miami Beach for a record $45 million in an off-market deal. The 1.5-acre lot, formerly home to the Whitehall Mansion, was sold by Beal's Bay Road Property LLC, marking a new price record for waterfront North Bay Road properties.

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Address5930 North Bay Road

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