216 BAL BAY DR, Bal Harbour, FL 33154

Parcel: 1222260022170 · Residential - Single Family · 1 Unit · Zoning: 1100

Assessed Value (2025)
$7,961,855

Property Details

Beds
3
Baths
3.5
Living Sqft
2,970
Year Built
1952
Lot Sqft
20,663
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$100non-market transfer
2014-01-31
JOHN LANG LOOBYJOHN LANG LOOBY
2
$7,450,000
2015-12-03
JOHN LANG LOOBYHOLLY SANDERS
3
$100non-market transfer
2025-08-20
4
N/A
2025-08-28
5
$28,954,000
2026-04-15
LUIS A AREVALO TRSMARK S MELAND TRS

Tax Assessment History

$7,961,855
Assessed (2025)
$15,108,322
Market Value
$7,961,855
Taxable Value
$162,097
Annual Tax
2024
$7,238,050
$13,863,309
2025
$7,961,855
$15,108,322
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $7,961,855 $15,108,322 $7,961,855 $162,097
2024 $7,238,050 $13,863,309 $7,238,050 $147,361

About 216 BAL BAY DR, Bal Harbour, FL 33154

216 BAL BAY DR, Bal Harbour, FL 33154 is a 3-bedroom, 3.5-bathroom residential - single family : 1 unit built in 1952 with 2,970 square feet of living space on a 20,663 square foot lot. The property is currently owned by MARK S MELAND TRS C/O MELAND BUDWICK M S MELAND, recorded as of 2026-06-14. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-15 for $28,954,000, when LUIS A AREVALO TRS sold to MARK S MELAND TRS. There are 5 recorded sales for this property. The 2025 assessed value is $7,961,855 with a market value of $15,108,322.

This breaks down to $14,981,038 for the land and $127,284 for the building. The assessed value increased 10% from $7,238,050 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. 216 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 2014 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 27% 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 $9749 per square foot — a key metric for comparing value across Bal Harbour's real estate market..

Current Owner

MARK S MELAND TRS C/O MELAND BUDWICK M S MELAND
200 SOTH BISCAYNE BLVD, MIAMI, FL, 33131
Since: 2026-06-14
View owner profile →

Est. Annual Insurance

$95,942 — $175,960
Flood $400 — $800
Property/Wind $95,542 — $175,160

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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