$22,000,000
$8M PRICE DROP

44 Bal Bay Dr Bal Harbour, FL 33154

Estimated payment $129,227/month

Total Views 31,683
1.04 Acres
$21,166,057 Price per Acre
45,276 Sq Ft Lot

Highlights

  • Ocean View
  • Property has ocean access
  • Boat Lift
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Deeded Boat Dock
  • 2-minute walk to Surfside Park

About This Lot

ATTENTION DEVELOPERS & BUILDERS!! This is your opportunity to have the ONLY 1 acre lot, 200 linear ft waterfront estate in ALL of Bal Harbour Village with over 46K SFT of land. Property can be divided into 3 buildable parcels each with 67 ft on the water. You should be able to sell those homes around $30-40M if you do it right. Want instead a Mega-Mansion? Why not build your own masterpiece or completely renovate this classic Mediterranean meet Mid-Century Compound! Enough room for your Megayacht with deep water dockage - easy 5 minutes ocean access with no fixed bridges. Seller Financing available (low interest) with the seller in 1st position ONLY!! Survey in attachments / pics. Price is for each 1/3 parcel so total asking price of the entire acre is $66M.

Listing Agent

Ricky Kallabat

Keller Williams Capital Realty License #3254287 Listed on: 02/17/2023

Keller Williams Capital Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $89,892

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 200x223
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Property is zoned 1100

Additional Features

  • Ocean Views
  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 12-22-26-002-0051

Community Details

Overview

  • No Home Owners Association
  • Bal Harbour Residential S Condos
  • Bal Harbour Residential S Subdivision

Recreation

  • Property has ocean access
  • Beach Access
  • Canal Width is 121 Feet or More
  • Boat Lift
  • Deeded Boat Dock

Property Details

Property Type

Land

Est. Annual Taxes

$89,892

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Boatlift,Deeded Dock,Private Dock
  • Lot Size Acres: 1.0394
  • Lot Size: 200x223
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Private Road
  • Structure Type: Residential
  • Subdivision Name: BAL HARBOUR RESIDENTIAL S
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Open Land, Other Plan Use, Suburban

Exterior Features

  • View: Ocean View
  • Lot Features: Beach Area, City Location, Near Seaport, Urban Area Development, 1-2.5 Acres
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: BAL HARBOUR RESIDENTIAL S

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 12-22-26-002-0051
  • Current Use: Unimproved Multi Family (5+Units), Unimproved Single Family (5+ Lots), Other Usage
  • Lot Size Sq Ft: 45277
  • Zoning: 1100

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 89892
  • Tax Lot: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $93,875 $5,319,994 -- --
2024 $91,437 $5,170,063 -- --
2023 $91,437 $5,019,479 $0 $0
2022 $89,892 $4,873,281 $0 $0
2021 $86,002 $4,731,341 $0 $0
2020 $84,910 $4,656,786 $0 $0
2019 $82,269 $4,552,088 $0 $0
2018 $78,458 $4,467,211 $0 $0
2017 $77,966 $4,375,330 $0 $0
2016 $77,199 $4,285,338 $0 $0
2015 $78,218 $4,255,550 $0 $0
2014 $79,671 $4,221,776 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2024 09/02/24 Price Changed $22,000,000 -66.7% --
09/02/2024 09/02/24 Price Changed $66,000,000 +127.6% $11,198 / Sq Ft
01/11/2024 01/11/24 Price Changed $29,000,000 -50.0% --
12/18/2023 12/18/23 For Sale $58,000,000 +93.3% $9,841 / Sq Ft
07/18/2023 07/18/23 Price Changed $30,000,000 0.0% --
04/25/2023 04/25/23 Price Changed $30,000,111 0.0% --
02/17/2023 02/17/23 For Sale $30,000,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,570,000 --
Warranty Deed $4,375,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $680,000 New Conventional
Closed $716,000 New Conventional
Closed $1,000,000 Unknown
Previous Owner $3,500,000 Balloon
Closed $2,000,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11343364

MIAMI REALTORS® MLS

APN: 12-2226-002-0050

Florida Miami/Dade County Bal Harbour 33154

44 Bal Bay Dr, Bal Harbour, FL

This home is located at 44 Bal Bay Dr, Bal Harbour, FL 33154 and is currently priced at $22,000,000. 44 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Ricky Kallabat
Listing Agent
Ricky Kallabat
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Keller Williams Capital Realty
(305) 747-5117