tomo logo

$29,900,000

Beds
3
Baths
4.0
sq ft
2,970

216 Bal Bay Dr, Bal Harbour, FL 33154

216 Bal Bay Dr

Bal Harbour, FL 33154

  • 43 days on market
Build the home of your dreams on this open bay, west facing property. Experience unmatched luxury on this exclusive bayfront lot in guard, gated Bal Harbour Village. Spanning over 20,000 sf, this prestigious property on Bal Bay Drive boasts 111 feet of open bay frontage & direct access to the ocean via Haulover Inlet. Enjoy a short stroll to the serene beaches of Bal Harbour, some of the finest on the coast through a private pedestrian gate & indulge in the elite shopping and dining at Bal Harbour Shops. The existing 3-bedroom, 3.5 bath home can be renovated or transformed into your dream residence. Discover unparalleled waterfront living in this coveted community, offering both privacy & security, alongside breathtaking views & stunning sunsets. Embrace true serenity in this idyllic haven

Details

Property type

Single Family Residence

Est. home value

$24,277,546

Lot size

0.48 acres

Price per sq ft

$10,068

Year built

1952

Annual property taxes

$163,709

HOA

Yes

Price History

08/01/2024
SEF

SEF #A11633861

Listed
$29,900,000
+20.08%
06/21/2024
SEF

SEF #A11406328

Removed
$24,900,000
06/20/2023
SEF

SEF #A11406328

Listed
$24,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Street Lights, Sidewalks

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Iberiabank

Loan start date

November 2019

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.35%

Loan type

Credit Line (Revolving), 30 year

Seller

Holly Sanders

Lender

Iberiabank

Loan start date

November 2019

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

3.35%

Loan type

Credit Line (Revolving), 30 year

Seller

Holly Sanders

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 09/13/2024 at 9:35 AM

Listing updated: 08/15/2024 at 2:43 PM

Listed by: Jill Hertzberg, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11633861

SEF logo