247 BAL BAY DR, Bal Harbour, FL 33154

Parcel: 1222260021980 · Residential - Single Family · 1 Unit · Zoning: 0800

Assessed Value (2025)
$3,076,340

Property Details

Beds
4
Baths
4
Living Sqft
2,779
Year Built
1951
Lot Sqft
12,694
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$1,250,000
2011-05-31
YAIR ORENJOEL MATUS
2
$100non-market transfer
2011-12-09
YAIR ORENJOEL MATUS
3
$2,215,000
2018-11-01
JOEL MATUS247 BAL BAY DR LLC

Tax Assessment History

$3,076,340
Assessed (2025)
$5,322,853
Market Value
$3,076,340
Taxable Value
$62,632
Annual Tax
2024
$2,796,673
$5,069,362
2025
$3,076,340
$5,322,853
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,076,340 $5,322,853 $3,076,340 $62,632
2024 $2,796,673 $5,069,362 $2,796,673 $56,938

About 247 BAL BAY DR, Bal Harbour, FL 33154

247 BAL BAY DR, Bal Harbour, FL 33154 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1951 with 2,779 square feet of living space on a 12,694 square foot lot. The property is currently owned by 247 BAL BAY DR LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-11-01 for $2,215,000, when JOEL MATUS sold to 247 BAL BAY DR LLC. The property has appreciated $2,214,900 (2214900%) since the prior sale of $100 on 2011-12-09. There are 3 recorded sales for this property.

The 2025 assessed value is $3,076,340 with a market value of $5,322,853. This breaks down to $5,077,776 for the land and $245,077 for the building. The assessed value increased 10% from $2,796,673 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. 247 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 2011 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 139% 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 $797 per square foot — a key metric for comparing value across Bal Harbour's real estate market..

Current Owner

247 BAL BAY DR LLC
247 BAL BAY DR, BAL HARBOUR, FL, 33154
Since: 2026-03-29
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People Behind This Entity

Registered Agent: REGISTER AGENT SOLUTIONS INC
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Est. Annual Insurance

$37,316 — $68,479
Flood $400 — $800
Property/Wind $36,916 — $67,679

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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