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148 Bal Bay Dr, Bal Harbour, FL, 33154

$28,500,000

0.63 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
WaterfrontBay Front, Water Access
MLS #A11579862
Lot Size0.63 Acres
StatusActive

About 148 Bal Bay Dr

Exceptional waterfront lot located in the guard-gated Village of Bal Harbour, one of Miami's most exclusive and secure communities. The expansive 28,000SF parcel includes approved plans for a 13,000SF residence by renowned design firm Elicyon. With 150-feet of water frontage on Biscayne Bay, a piece of land of this magnitude is a rarity in the area. The property is situated near an inlet providing direct access to the Atlantic Ocean and showcases breathtaking water and sunset views. The enclave is one of only three islands that offer private 24/7 gated security with a police patrol. Optimal walkability within walking distance to the beach, world-class shopping, dining, five-star hotels, plus brand new private park for residents of Bal Harbour.

Property Details

Property Features

Listing Office:

  • Office Name: Douglas Elliman
  • Office Email: Ruthie.assouline@elliman.com
  • Listing Agent: Ruthie Assouline

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Water Access

Virtual/3D Tour

  • Virtual Tour: 148 Bal Bay Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.63 Acres

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Ruth K. Broad/Bay Harbor K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $28,500,000

Tax Information:

  • Annual Amount: $66,345
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bal Harbour, FL.

Med. Sold Price

$1.6M

Med. Price/SqFt

$980

Avg. Days On Market

142

# of Sold Homes

8

148 Bal Bay Dr vs Bal Harbour

34 DAYS ON ROCKET

-108 Days

$28,500,000

+$26.9M More

KEY TAKEAWAY

This property is $26.9M more than the Median Sold Price in Bal Harbour, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11579862

Listing Office:

  • Office Name: Douglas Elliman
  • Office Email: Ruthie.assouline@elliman.com
  • Listing Agent: Ruthie Assouline

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2024, 12:55:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$66,345$3,590,445
2018$61,050$3,444,281
2017$60,670$3,373,439

History based on county public records data.

Payment Calculator

$142.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$85.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-295513
10
/10
  • Ruth K. Broad/Bay Harbor K-8 Center

  • 1155 93rd St

  • 0.61 miles

  • Public District Grades PK-5

Middle School

school-card-donut-295514
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 5.29 miles

  • Public District Grades 6-8

High School

school-card-donut-295515
6
/10
  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 6.44 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $101,695. The majority of Bal Harbour, FL residents have income between $100k-200k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 148 Bal Bay Dr

What is the listing price of this property?

The listing price of 148 Bal Bay Dr property is $28,500,000.

What type of property is this?

The property 148 Bal Bay Dr is land located in Bal Harbour, Florida, 33154.

Is this property for sale now?

Active Listing: 148 Bal Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 148 Bal Bay Dr are:
Ruth K. Broad/Bay Harbor K-8 Center: GreatSchools Rating 10/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $66,345 (source: MLS/based on county public records data).

How much acreage is this property?

The property 148 Bal Bay Dr is 0.63 acres.
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Rocket HomesFloridaMiami-Dade CountyBal Harbour33154148 Bal Bay Dr

This home is located at 148 Bal Bay Dr in Bal Harbour, FL and zip code 33154. This home sits on a 0.63 acre lot. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $28,500,000.

In May 2024, from all listings sold in Bal Harbour, FL there were more than 1 sold above asking price, over 7 sold below and more than 0 were sold right at the asked price. The inventory of homes for sale in Bal Harbour, FL between April 2024 and May 2024 increased by 6.3%. While the average time on the market in May 2024 was 142 days, the median list price was $1,600,000.

From Rocket Homes Real Estate and based on county public records data.

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