Gad Bitton Of Holand Automotive Group Acquires Mansion In Bal Harbour For $16.95M
174 Camden Drive
$16,950,000
$2,118/SF
Building Size
8,000 SF
Asset Type
Single Family
Closing
Jun 9, 2026
AI
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.
Camden Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93