The Real Deal Miami

Alan and Diane Lieberman sell Bal Harbour mansion for $8.5M

Couple own group of 15 historic South Beach hotels

March 23, 2016 02:20PM
By Sean Stewart-Muniz

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56 Bal Bay Drive

56 Bal Bay Drive

A company tied to Alan and Diane Lieberman, two South Florida real estate players, just sold an ultra-modern home in Bal Harbour for $8.5 million.

The nine-bedroom, 10.5-bathroom mansion is located in a gated community at 56 Bal Bay Drive. Situated on 21,225 square feet, the home boasts 100 feet of water frontage and a private dock.

Its features include smart home systems, a gourmet kitchen with double appliances, an infinity pool and a rooftop observation deck.

The Liebermans, who own South Beach Group Hotels, paid $3.6 million for the property in 2006, according to county records. They demolished the existing home and built this manse a year later.

For this sale, Diane Lieberman, vice president of ONE Sotheby’s International Realty, represented herself and her husband. Lieberman sold her South Beach International Realty, formerly one of Miami Beach’s largest independent brokerages, to ONE Sotheby’s in September.

The buyer for the Bal Harbour mansion, Michael Laik, was represented by Michel Bitton of Gary Hennes Realtors.

The Liebermans own a chain of 15 historic hotels dubbed “the South Beach Group,” as The Real Deal previously reported. Prior to South Beach International Realty’s merger with ONE Sotheby’s, the Lieberman’s firm raked in an average o $300 million worth of sales annually.