176 BAL BAY DR, Bal Harbour, FL 33154

Parcel: 1222260020220 · Residential - Single Family · 1 Unit · Zoning: 1100

Assessed Value (2025)
$12,236,576

Property Details

Beds
6
Baths
9
Living Sqft
11,567
Year Built
2021
Lot Sqft
20,650
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2010-11-12
VSEVOLOD GENERALOV &WLYUDMILA GORLOVA
2
$100non-market transfer
2011-05-04
LYUDMILA GORLOVALYUDMILA GORLOVA LE
3
$6,000,000
2013-08-14
LYUDMILA GORLOVA LESIMON FALIC

Tax Assessment History

$12,236,576
Assessed (2025)
$20,589,322
Market Value
$12,236,576
Taxable Value
$249,127
Annual Tax
2024
$11,124,160
$18,081,912
2025
$12,236,576
$20,589,322
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $12,236,576 $20,589,322 $12,236,576 $249,127
2024 $11,124,160 $18,081,912 $11,124,160 $226,479

About 176 BAL BAY DR, Bal Harbour, FL 33154

176 BAL BAY DR, Bal Harbour, FL 33154 is a 6-bedroom, 9-bathroom residential - single family : 1 unit built in 2021 with 11,567 square feet of living space on a 20,650 square foot lot. The property is currently owned by SIMON FALIC JANA FALIC, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2013-08-14 for $6,000,000, when LYUDMILA GORLOVA LE sold to SIMON FALIC. The property has appreciated $5,999,900 (5999900%) since the prior sale of $100 on 2011-05-04. There are 3 recorded sales for this property.

The 2025 assessed value is $12,236,576 with a market value of $20,589,322. This breaks down to $13,422,500 for the land and $7,166,822 for the building. The assessed value increased 10% from $11,124,160 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 $8,333,536 recorded against this property.

176 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 2010 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 204% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $519 per square foot — a key metric for comparing value across Bal Harbour's real estate market..

Current Owner

SIMON FALIC JANA FALIC
176 BAL BAY DR, BAL HARBOUR, FL, 33154
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$73,819 — $123,165
Flood $400 — $800
Property/Wind $73,419 — $122,365

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$91,061
Median Home Value$1,277,200
Pop. Density7,880/sq mi

Neighborhood 33154

29.6%
Owner-Occ
70.4%
Investor
375
Flips (4yr)
3,175
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE 2.75% rate
$9,500,000
~$8,333,536 bal.
JPMORGAN CHASE BANK NA · 2021-03-19
Est. Total Balance $8,333,536
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales