A newly built single-family mansion at 174 Camden Drive in Bal Harbour, FL, has been sold for $16.95 million. The residence features an expansive 8,000 square feet of living space, with a price per square foot of $2,119. This sale marks a record for a non-waterfront lot in the village.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $16,950,000
• Address: 174 Camden Drive
• Market: Bal Harbour, FL
• Seller: 174 Camden LLC
• Buyer: Gad Bitton - Holand Automotive Group
• Broker: Alan Eskenazi - Miles Goldstein Real Estate
• Square Footage: 8,000
• Price per Square Foot: $2,119

The transaction was negotiated off-market, with the seller, 174 Camden LLC, initially building the property for personal use. The acquisition highlights the ongoing demand for ultra-luxury residential assets in South Florida, particularly within exclusives areas like Bal Harbour that continue to see rising price benchmarks despite being off waterfront locations.