Check Availability

116 Bal Bay Drive

116 Bal Bay Drive, Miami Beach, FL 33154
Property in Bal Harbour
116 Bal Bay Drive in Miami Beach, FL was first built in 2003 and is 23 years old. This has been categorized as a property type. There are a total of 200 floors. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 7 partial bathrooms. 116 Bal Bay Drive has 8,255 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 963 ft and the linear feet between the front and back of the lot is 1,620. In total, the area measurement of the land is 15,602 square feet.

Learn more about the property and building on this page. There is a . For those who love swimming as a form of exercise, you'll be excited to find out that there is a on the property. The home has a style roof made of . Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The exterior walls of the home are made of . Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 116 Bal Bay Drive was last sold in May 16, 2006 for $6,940,000. According to our calculations, that's $685.84 per sqft. Prior to that sales transaction, the property was sold for $6,900,000 in May 29, 2003. Current property owners are expected to pay $7,648,253 in taxes per year. The property on 116 Bal Bay Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,130,876. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Attached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20211029
10/29/2021
7 Bed
8.5 Bath
10119 ft²
$24,500,000
bedrooms
7 Bed
bathrooms
8.5 Bath
square feet
10119 ft²
-
-
Moshe Goldshtein
Harding Realty, Inc.


Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 13
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 24
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 15,602
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 963
  • Total Building Area: 10,119
  • Gross Building Area: 10,119
  • Building Area: 8,255
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 8,255
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BAL HARBOUR RESIDENTIAL SEC
  • Land Acres: 0000000358
  • Standard Land Use Code: 1001
  • County Land Use Code: 0101
  • State Land Use Code: 001
  • Legal Description 1: BAL HARBOUR RESIDENTIAL SEC PB 44-98 LOT 15 BLK 1 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 96.310 X 162 OR 21333-0244 05 2003 1 COC 24551-4777 05 2006 1

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: BAL HARBOUR
  • Census Tract: 003803

Zoning

  • Zoning: 1100

Geography

  • Assessors Map Reference: 91
  • District: 12
  • Parcel: 12-2226-002-0150
  • Block: 1
  • Lot: 15
  • Meridian: SEC 26 TWN 52S RNG 42E
  • Municipality: BAL HARBOUR
  • Latitude: 25.8912
  • Longitude: -80.1285

    Address

  • Full Address: 116 Bal Bay Dr
  • Address - House Number: 116
  • Address - Street Name: Bal Bay
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Bal Harbour
  • Carrier Code: C001
  • 4-Digit Zip Code: 1311
  • Zip Code: 33154

Valuation

    Tax

  • Total Area: 8,566
  • Tax Year: 2023
  • Tax Amount: $7,648,253
  • Tax Rate Code Area: 1200

    Market Valuation

  • Market Total Value: $7,713,475
  • Market Land Value: $6,240,492
  • Market Improvement Value: $1,472,983

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,130,876

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2006
  • Current Sale Recording Date: May 22, 2006
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006R0557986
  • Previous Sale Recording Date: Jun 16, 2003
  • Previous Sale Contract Date: May 29, 2003
  • Previous Sale Amount: $6,900,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Bal Harbour



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 116 Bal Bay Drive located in?
The 116 Bal Bay Drive is a single family residence located in the neighborhood of Bal Harbour in Bal Harbour, Miami Beach.
What is the average sales price for listings in 116 Bal Bay Drive?
The average sales price for units in 116 Bal Bay Drive is $0 currently.