Updated Aug 3, 2026
SOLDSingle Family
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
About this deal
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.
On the Map
$16,950,000
$2,118/SF
Single Family
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Players
Camden 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
0.94%
Cash-on-Cash
-0.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93