NOT LISTED FOR SALE

230 Bal Bay Dr Bal Harbour, FL 33154

Estimated Value: $6,870,000 - $21,568,264

6 Beds
7.5 Baths
8,514 Sq Ft
$1,670/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $23,000,000 $2,701 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $87,250/month

147 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Home Theater
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property Fronts a Bay or Harbor
  • In Ground Pool

About This Home

As of July 2024

For any property-related questions please contact Isaac Lustgarten.

Last Agent to Sell the Property

Isaac Lustgarten

The Corcoran Group License #3332063 Listed on: 01/30/2024

The Corcoran Group

Co-Listed By

Joel Lusky

The Brokerage South Florida Real Estate, LLC. License #3280598

Last Buyer's Agent

Isaac Lustgarten

The Corcoran Group License #3332063 Listed on: 01/30/2024

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $131,187

Year Built

  • Built in 2007

Lot Details

  • 0.44 Acre Lot
  • 100 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Fenced
  • Property is zoned 1100

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Property Views

  • Water
  • Pool

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,514 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Private Dock
  • Balcony
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12-22-26-002-2210

Community Details

Overview

  • Property has a Home Owners Association
  • Voluntary home owners association
  • Bal Harbour Residential S Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$131,187

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Co List Office Mls Id: BSFR01
  • Co List Office Phone: 786-509-6846
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: BAL HARBOUR RESIDENTIAL S
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Entrance Foyer, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Media Room, Utility Room/Laundry
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 8514
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Pool, Water
  • Exterior Features: Built-In Grill, Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAL HARBOUR RESIDENTIAL S
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: Yes
  • Community Features: Gated Community, Private Roads, Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Voluntary

Lot Info

  • Parcel Number: 12-22-26-002-2210
  • Lot Size Sq Ft: 19160
  • Zoning: 1100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 131187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Jul 25, 2024
Sold by
Izhak Yoram
Bought by
Arison David
Seller's Agent
Isaac Lustgarten
The Corcoran Group
Buyer's Agent
Isaac Lustgarten
The Corcoran Group
List Price
$29,850,000
Sold Price
$23,000,000
Premium/Discount to List
-$6,850,000
-22.95%
Views
179
Current Estimated Value
$14,219,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,780,868
Avg. Annual Appreciation
-34.42%

Purchase Details

Closed on
Sep 8, 2023
Sold by
Izhak Yoram and Izhak Yleana
Bought by
Izhak Yoram

Purchase Details

Closed on
Apr 25, 2003
Sold by
Alexander Orly and Alexander Shlomi
Bought by
Izhak Yoram and Izhak Yleana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,278,125
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2002
Sold by
Dooley Virginia P Trust C
Bought by
Alexander Orly and Alexander Shlomi

Purchase Details

Closed on
Jun 1, 2001
Sold by
Dooley Virginia P Trust C
Bought by
Dooley Virginia P Trust
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
Arison David $23,000,000 None Listed On Document
Izhak Yoram -- None Listed On Document
Izhak Yoram -- None Listed On Document
Izhak Yoram $3,037,500 --
Alexander Orly $2,300,000 --
Dooley Virginia P Trust $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Izhak Yoram $2,527,000
Previous Owner Izhak Yoram $5,731,000
Previous Owner Izhak Yoram $1,700,000
Previous Owner Izhak Yoram $6,000,000
Previous Owner Izhak Yoram $2,000,000
Previous Owner Dooley Virginia P Trust $121,875
Previous Owner Izhak Yoram $2,278,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $23,000,000 -16.4% $2,701 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $27,500,000 -7.9% $3,230 / Sq Ft
01/30/2024 01/30/24 For Sale $29,850,000 -- $3,506 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $137,904 $18,092,177 $13,890,768 $4,201,409
2024 $133,999 $7,774,982 -- --
2023 $133,999 $7,548,527 $0 $0
2022 $131,187 $7,328,667 $0 $0
2021 $127,383 $7,115,211 $0 $0
2020 $126,001 $7,016,974 $0 $0
2019 $122,548 $6,859,213 $0 $0
2018 $116,987 $6,731,318 $0 $0
2017 $116,249 $6,592,868 $0 $0
2016 $115,523 $6,457,266 $0 $0
2015 $117,064 $6,412,380 $0 $0
2014 $119,262 $6,361,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11521401

MIAMI REALTORS® MLS

APN: 12-2226-002-2210