NOT LISTED FOR SALE

227 Bal Bay Dr Bal Harbour, FL 33154

Estimated Value: $6,190,000 - $7,758,000

6 Beds
6.5 Baths
5,214 Sq Ft
$1,370/Sq Ft Est. Value

Last Sold April 03, 2018

Last sale price $3,140,000 $602 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $44,087/month

641 Days on Market

Highlights

  • Above Ground Pool
  • Gated Community
  • Marble Flooring
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Deck
  • Garden View

About This Home

As of April 2018

Rear opportunity to BUY a house in Bal Harbour. Constructed in 2009. Looks like new. Elevator, top of the line material and appliances. Swimming pool. Roof top terrace with Jacuzzi and barbeque area and incrediable view of harbour and intracoastal.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,790

Year Built

  • Built in 2009

Lot Details

  • 9,774 Sq Ft Lot
  • South Facing Home
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Frame Construction

Interior Spaces

  • 5,214 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den
  • Garden Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms

Outdoor Features

  • Above Ground Pool
  • Deck
  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Bal Harbour Residential S Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-002-1930

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,790

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: FROM COLLINS TO ''BAL HARBOUR'' RESIDENCE
  • Year Built: 2009
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, First Floor Entry, Upper Level Master
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Marble
  • Living Area: 5214.0
  • Dining Room Type: Den, Family Room

Exterior Features

  • Exterior Features: Deck, Security/High Impact Doors, Porch
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Features: Above Ground, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1.0
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Annually
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 12-22-26-002-1930
  • Lot Size Sq Ft: 9774.0
  • Zoning Description: R-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 34790.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2024
Sold by
227 Bal Bay Drive Llc and Bal Harbour Family Investments Llc
Bought by
227 Bal Bay Trust and Mcphillips
Current Estimated Value
$7,141,848

Purchase Details

Listed on
May 31, 2016
Closed on
Apr 3, 2018
Sold by
Bal Bay One Llc
Bought by
227 Bal Bay Drive Llc
List Price
$4,280,000
Sold Price
$3,140,000
Premium/Discount to List
-$1,140,000
-26.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$1,200,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2013
Sold by
Alekseenko Gennady
Bought by
Bal Bay One Llc

Purchase Details

Closed on
Jun 15, 2006
Sold by
Rusten Jon and Rusten Marsha
Bought by
Alekseenko Gennady

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
1%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 1999
Sold by
Joan G Groves Tr and Brian Gargaro Tr
Bought by
Rusten Jon and Rusten Marsha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
227 Bal Bay Trust $6,937,500 None Listed On Document
227 Bal Bay Drive Llc $3,140,000 Attorney
Bal Bay One Llc $3,300,000 Attorney
Alekseenko Gennady $1,400,000 Attorney
Rusten Jon $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 227 Bal Bay Drive Llc $1,200,000
Previous Owner Alekseenko Gennady $1,680,000
Previous Owner Alekseenko Gennady $120,000
Previous Owner Rusten Jon $250,000
Previous Owner Rusten Jon $305,500
Previous Owner Rusten Jon $80,000
Previous Owner Rusten Jon $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2018 04/03/18 Sold $3,140,000 -26.6% $602 / Sq Ft
03/04/2018 03/04/18 Pending -- -- --
05/31/2016 05/31/16 For Sale $4,280,000 0.0% $821 / Sq Ft
07/01/2014 07/01/14 Rented $13,000 -7.1% --
06/01/2014 06/01/14 Under Contract -- -- --
03/31/2014 03/31/14 For Rent $14,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $72,436 $5,210,695 $3,909,500 $1,301,195
2024 $69,985 $3,195,419 -- --
2023 $69,985 $2,904,927 $0 $0
2022 $54,084 $2,640,843 $0 $0
2021 $46,239 $2,400,767 $1,488,464 $912,303
2020 $45,269 $2,340,139 $1,417,585 $922,554
2019 $42,819 $2,252,652 $1,319,847 $932,805
2018 $37,955 $2,047,043 $1,319,847 $727,196
2017 $40,146 $2,106,276 $0 $0
2016 $36,255 $1,914,797 $0 $0
2015 $34,790 $1,740,725 $0 $0
2014 $31,563 $1,582,478 $0 $0
Source: Public Records

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10091895

BeachesMLS (Greater Fort Lauderdale)

APN: 12-2226-002-1930

Florida Miami/Dade County Bal Harbour 33154

227 Bal Bay Dr, Bal Harbour, FL

This home is located at 227 Bal Bay Dr, Bal Harbour, FL 33154 since 31 May 2016 and is currently estimated at $7,141,848, approximately $1,369 per square foot. This property was built in 2009. 227 Bal Bay Dr is a home located in Miami-Dade County with nearby schools including Ruth K. Broad Bay Harbor K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information 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.

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