203 BAL BAY DR, Bal Harbour, FL 33154

203 BAL BAY DR, Bal Harbour, FL 33154 is a 5-bedroom, 7-bathroom residential - single family : 1 unit built in 2021 with 8,076 square feet of living space on a 14,940 square foot lot. The property is currently owned by JEROME FALIC &W DEBBIE 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 2005-09-01 for $2,400,000. The property has appreciated $200,000 (9%) since the prior sale of $2,200,000 on 2005-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $5,609,600 with a market value of $7,709,438. This breaks down to $5,976,000 for the land and $1,733,438 for the building. The assessed value increased 10% from $5,099,637 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. 203 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 2003 to 2005, with 3 recorded transactions in the public record. The current assessed value represents 234% 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 $297 per square foot — a key metric for comparing value across Bal Harbour's real estate market..