See Home Value
$12,515,949*
House - Off Market

217 Bal Cross Dr

Bal Harbour, FL 33154
bedrooms
6 Beds
bathrooms
6.5 Baths, 1 Half Bath
square feet
5634 Sqft
$11,246,000 - $13,744,000
Reference Base Price*
0.17%
Since Jul 1, 2023
National-US
Primary Model
Sold Sep 19, 2022
$7,990,000
$5,992,500 by First Republic Bank
Mortgage Due Oct 01, 2052
Sold Jul 03, 2019
$1,900,000

About This Property

This recently completed turn-key residence in the Village of Bal Harbour, one of the most private and secure communities in Miami, has been designed with the discerning buyer in mind. The 6BD, 6.5BA smart-home designed by celebrity designers, Sire Design, offers a wide variety of unique materials, designer furniture, and finishes such as piano lacquer cabinetry, green onyx, polished Arabescato Rosso marble, black-stained white oak, and Roman Clay. The property also features a custom Mia Cucina chef's kitchen with Miele appliances, a primary suite with a luxurious bath, dual oversized closets, and commercial-grade sauna. Additional touches include a grand staircase with a statement chandelier, fully equipped gym, steam-room, and a resort-style terrace with hot tub, pool, and summer kitchen.

The manager has listed the unit size as 5634 square feet.
Unit Size
5,634Ft²
Days on Market
-
Land Size
-
Price per sqft
$2,218
Property Type
House
Property Taxes
$3,176
HOA Dues
-
Year Built
2022

Price History

Date / Event Date Event Price
Jun 7, 2023 No longer available -
No longer available
May 3, 2023 Price Decreased $12,495,000
↓ $500K (3.9%)
Price Decreased
Mar 22, 2023 Price Decreased $12,995,000
↓ $505K (3.7%)
Price Decreased
Jan 31, 2023 Listed $13,500,000
Listed
Sep 19, 2022 Sold $7,990,000
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Exterior Walls Type: Concrete block
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 800
  • Total Building Area: 6,393
  • Gross Building Area: 6,393
  • Building Area: 5,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAL HARBOUR RESIDENTIAL
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 26-27 52 42 PB 44-98 BAL HARBOUR RESIDENTIAL SEC LOT 4 BLK 9 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 80.000 X 135 OR 14589-3642 0690 1

Ownership

  • Current Owner : 8 SQUARED RE 217 BAL CROSS LLC
  • Previous Owner : 217 BAL CROSS LLC
  • Owner Before Previous Owner: FISCHER FAMILY LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 91
  • District: 12
  • Parcel: 12-2226-002-1620
  • Block: 9
  • Lot: 4
  • Meridian: SEC 26 TWN 52S RNG 42E
  • Municipality: BAL HARBOUR
  • Latitude: 25.8961
  • Longitude: -80.1263

    Address

  • Full Address: 217 Bal Cross Dr
  • Address - House Number: 217
  • Address - Street Name: Bal Cross
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Bal Harbour
  • Carrier Code: C001
  • 4-Digit Zip Code: 1318
  • Zip Code: 33154

Valuation

    Tax

  • Total Area: 5,454
  • Tax Year: 2023
  • Tax Amount: $123,386
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $5,992,500
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Sep 19, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $5,992,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $6,877,826
  • Market Land Value: $4,104,276
  • Market Improvement Value: $2,773,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,877,826
  • Assessed Land Value: $4,104,276
  • Assessed Improvements Value: $2,773,550

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Sep 19, 2022
  • Current Sale Transaction ID: 11896584019
  • Current Sale Price: $7,990,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 733609
  • Previous Sale Recording Date: Jul 03, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Sep 19, 2022
  • First Mortgage Loan Amount: $5,992,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
6 Beds
6.5 Baths
7,380 ft²
$1,897/ft²
$14,000,000 Feb 17, 2023
-
$14,764/mo
Condo
4 Beds
6 Baths
3,688 ft²
$3,308/ft²
$12,200,000 Jan 14, 2023
-
$10,804/mo
Condo
4 Beds
5 Baths
3,688 ft²
$3,389/ft²
$12,500,000 Oct 19, 2022
-
$12,461/mo
Condo
3 Beds
3.5 Baths
3,884 ft²
$2,831/ft²
$10,995,000 Mar 26, 2023
-
$6,290/mo
Condo
3 Beds
3.5 Baths
3,884 ft²
$3,991/ft²
$15,500,000 Mar 25, 2023
-
$13,418/mo
Condo
3 Beds
3.5 Baths
3,439 ft²
$3,196/ft²
$10,990,000 Feb 10, 2023
-
$12,730/mo
Condo
3 Beds
3.5 Baths
2,721 ft²
$5,329/ft²
$14,500,000 Dec 15, 2022
-
$11,460/mo

About Bal Harbour


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Frequently Asked Questions

When was property at 217 Bal Cross Drive built and last sold?
The property at 217 Bal Cross Drive was built in 2022 and last sold on Sep 16, 2022 for $7,990,000.
How much is this home worth?
The estimated value of the home located at 217 Bal Cross Drive is $12,619,950.
What are some comparable homes to 217 Bal Cross Drive?
There are currently no comparable homes to 217 Bal Cross Drive.

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