Developer sells Bal Harbour waterfront property for $6M

The Benitahs purchased the home on the property for $5.3M in 2018

Miami /
Jul.July 13, 2020 01:30 PM
84 Bal Bay Drive (Credit: Google Maps)

84 Bal Bay Drive (Credit: Google Maps)

 

UPDATED, July 13, 2020, 7:45 p.m: Real estate developer and investor Harry Benitah and his wife sold their Bal Harbour waterfront property for $6.4 million.

Benitah and his wife, Leslie Gelrubin Benitah, sold the 20,000-square-foot lot at 84 Bal Bay Drive for $320 per square foot, records show. 84 Bal Bay Drive LLC, tied to Rachel Lebowicz of Surfside, bought the property.

The Benitahs had purchased the home on the property, which has since been razed, in July 2018 for $5.3 million. The seller was the son of the late John J. Brunetti, who owned Hialeah Park racetrack.

Fabian Garcia-Diaz and Allan Kleer of One Sotheby’s International Realty ‎represented the buyer and seller in the previous sale. Kleer said at the time that the Benitahs planned to build a new modern home on the site.

Moshe Goldshtein of Harding Realty represented the buyer and the seller in the deal.

The Benitahs have not yet built a new house on the site. The buyer purchased the property with approved construction plans, according to Goldshtein.

Harry Benitah’s projects include Buena Vista Flats and a 5,000-square-foot building at 3620 Northeast Second Avenue in the Miami Design District. In 2016, the Benitahs sold their Bay Point house to Miami Heat star Goran Dragic for $7.9 million.


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