220 BAL BAY DR, Bal Harbour, FL 33154

220 BAL BAY DR, Bal Harbour, FL 33154 is a 5-bedroom, 5-bathroom residential - single family : additional living quarters built in 1948 with 3,117 square feet of living space on a 20,570 square foot lot. The property is currently owned by MARK S MELAND TRS 220 BAL BAY TRUST, 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 2026-05-06 for $31,000,000, when THE NORTHERN TRUST COMPANY sold to MARK S MELAND TRS. The property has appreciated $30,999,900 (30999900%) since the prior sale of $100 on 2026-03-18. There are 5 recorded sales for this property.

The 2025 assessed value is $8,458,684 with a market value of $14,796,100. This breaks down to $14,675,957 for the land and $120,143 for the building. The assessed value increased 10% from $7,689,713 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. 220 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 1974 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 $9945 per square foot — a key metric for comparing value across Bal Harbour's real estate market..