56 BAL BAY DR, Bal Harbour, FL 33154

56 BAL BAY DR, Bal Harbour, FL 33154 is a 8-bedroom, 8.5-bathroom residential - single family : 1 unit built in 2008 with 10,801 square feet of living space on a 21,225 square foot lot. The property is currently owned by SABER SOUTH BAL I LLC SABER SOUTH BAL II LLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-06-13 for $15,350,000, when 56 BAL BAY DRIVE LLC sold to SABER SOUTH BAL I LLC . The property has appreciated $15,349,900 (15349900%) since the prior sale of $100 on 2021-10-25. There are 3 recorded sales for this property.

The 2025 assessed value is $10,326,677 with a market value of $13,841,674. This breaks down to $13,796,536 for the land and $45,138 for the building. The assessed value increased 10% from $9,387,889 in 2024.

The median household income in this area is $91,061, and the median home value is $1,277,200. The population density is 7,880 people per square mile. There are active mortgage liens totaling $2,255,023 recorded against this property.

56 BAL BAY DR, Bal Harbour, FL 33154 is located in Bal Harbour, Florida. Property records, tax assessments, sales history, and ownership information for this Bal Harbour property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2021 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 67% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1421 per square foot — a key metric for comparing value across Bal Harbour's real estate market..