191 BAL BAY DR, Bal Harbour, FL 33154

Parcel: 1222260020580 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$4,566,884

Property Details

Beds
6
Baths
6.5
Living Sqft
5,571
Year Built
2004
Lot Sqft
11,444
Stories
2
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$835,000
2001-11-01
2
$3,500,000+319%
2005-03-01
3
$3,375,000-4%
2011-06-07
DEL PRODUCTIONS INCSIMON FALIC

Tax Assessment History

$4,566,884
Assessed (2025)
$6,136,645
Market Value
$4,566,884
Taxable Value
$92,978
Annual Tax
2024
$4,151,713
$5,927,008
2025
$4,566,884
$6,136,645
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $4,566,884 $6,136,645 $4,566,884 $92,978
2024 $4,151,713 $5,927,008 $4,151,713 $84,526

About 191 BAL BAY DR, Bal Harbour, FL 33154

191 BAL BAY DR, Bal Harbour, FL 33154 is a 6-bedroom, 6.5-bathroom residential - single family : 1 unit built in 2004 with 5,571 square feet of living space on a 11,444 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 2011-06-07 for $3,375,000, when DEL PRODUCTIONS INC sold to SIMON FALIC. The property sold for $125,000 less than the prior sale of $3,500,000 on 2005-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $4,566,884 with a market value of $6,136,645. This breaks down to $4,577,716 for the land and $1,558,929 for the building. The assessed value increased 10% from $4,151,713 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. 191 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 2001 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 135% 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 $606 per square foot — a key metric for comparing value across Bal Harbour's real estate market..

Current Owner

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

Est. Annual Insurance

$27,801 — $46,468
Flood $400 — $800
Property/Wind $27,401 — $45,668

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 →
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