3 months on rocket

148 Bal Bay Dr, Bal Harbour, FL, 33154

$30,500,000

0.63 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeResidential
WaterfrontBay Front, Water Access
MLS #A11510605
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 Phone: (305) 695-6300
  • Listing Agent: Ethan 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: $30,500,000

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

120

# of Sold Homes

6

148 Bal Bay Dr vs Bal Harbour

99 DAYS ON ROCKET

-21 Days

$30,500,000

+$28.9M More

KEY TAKEAWAY

This property is $28.9M 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: #A11510605

Listing Office:

  • Office Name: Douglas Elliman
  • Office Phone: (305) 695-6300
  • Listing Agent: Ethan 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: 4/18/2024, 8:25:15 PM 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

$152.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$91.5K

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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-192307
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-192308
5
/10
  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 5.29 miles

  • Public District Grades 6-8

High School

school-card-donut-192309
5
/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 most common annual income of people living in Bal Harbour, FL is between $100k-200k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Bal Harbour, FL

What type of housing is available in Bal Harbour, FL?

The substantial proportion of large apartment buildings in the housing stock of Bal Harbour is an important part of its character. This village is primarily composed of one bedroom and two bedroom homes. Roughly 60% of the population of this village own their home and the remainder are renters. A majority of the housing growth in this part of the Miami-Fort Lauderdale-Pompano Beach metropolitan area took place in the 1960s and 1970s.

Is Bal Harbour, FL a good place to live?

The character of Bal Harbour is exemplified by its calm environment. This part of the Miami-Fort Lauderdale-Pompano Beach metropolitan area is reasonably quiet, as there tend to be low levels of noise from traffic. Finally, it is easy to reach parks from the majority of locations in the village since there are a few of them nearby for residents to visit.

Are things conveniently located in Bal Harbour, FL?

It is especially convenient to get to the nearest grocery store by walking from anywhere in this village. Likewise, there is commonly a restaurant or cafe in close proximity. Property owners can find a fair number of nearby clothing stores. Regarding education, this village does not contain any high schools or primary schools.

What does the transportation in Bal Harbour, FL look like?

This village will attract active house buyers since it is quite convenient for those who travel by foot; many daily errands can be run without needing to resort to a vehicle. This part of the Miami-Fort Lauderdale-Pompano Beach metropolitan area is car friendly. It is straightforward to find a place to park. However, public transit riders may experience few choices in Bal Harbour by reason of the low service level. Nevertheless, the village is linked by a few bus lines, and bus stops are ordinarily nearby.

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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 $30,500,000.

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 5/10

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 January 10, 2024 and is currently priced at $30,500,000.

In March 2024 more than 0 listings in Bal Harbour, FL were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 6 were sold below. The number of listings in Bal Harbour, FL increased by 5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $1,600,000, while the average time on the real estate market was 120 days.

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

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