182 Bal Bay Drive, Bal Harbour, FL 33154

$27,828,900
Property Type: Residential Bedrooms: 8 Baths: 11 Square Footage: 15,348 Status: Closed
Current Price: $27,828,900 List Date: 11/22/2019 Last Modified: 8/11/2026

Overview

Description

Absolutely unparalleled in finishes, appointments & furniture, this 12,879 SF palatial estate is designed like no other. Villa Magnolia sits upon 221 ft of wide waterfront with nw exposure, offering a front-row seat to dazzling sunsets. Private gates open to reveal a majestic Neoclassical home towering above verdant foliage. Enter into a rotunda foyer w/ a soaring 40-foot ceiling, curved marble & a striking two-sided staircase w/ white gold leaf bannisters. Unique features include hand-crafted stone throughout, European paint finishes, 15-foot coffered ceilings, 2-infinity edge pools, one just off the principal suite, 3rd level rooftop entertaining terrace, temperature-controlled 850-bottle wine room, gourmet kitchen w/ a built-in 750-gallon aquarium, movie theatre & glass elevator.

Listing Details MLS# A10778567

General Property Information

Property Sub Type
Single Family Residence
Bedrooms Total
8
Bathrooms Total
11
Bathrooms Full
8
Bathrooms Half
3
Building Area Main
15348
Living Area Main
12082
Adjusted Area Main
12877
Year Built
2008
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
2
Covered Spaces
2
Lot Size Area
28500
Lot Size Acres
0.65
Senior Community YN
No
Waterfront YN
Yes
Water Frontage Feet
221
Outdoor Living Spaces YN
Yes
Stories Total
2
Direction Faces
Southwest
Fireplace YN
Yes
Pool Private YN
Yes

Property Features

Association Amenities: Gated Exterior Features: Barbecue; Lighting Flooring: Marble; Other Parking Features: Circular Driveway; Attached; Attached Garage; Garage Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Free-Standing Freezer; Gas Range; Ice Maker; Microwave; Refrigerator; Trash Compactor; Washer Construction Materials: CBS Cooling: Central Air; Electric Heating: Central; Electric Interior Features: Bedroom Layout - Split; Built-in Features; Elevator; Entrance Foyer; French Doors; Storage Levels: Two Listing Terms: Conventional Pets Allowed YN: Yes Pets Allowed: No Restrictions Pool Features: In Ground Possession: Negotiable Restrictions: Other Restrictions Roof: Other Security Features: Security System Sewer: Public Sewer Utilities: Cable Available View: Pool Water Access: Other Water Source: Public Water View: Intracoastal Waterfront Features: Other Window Features: Skylight(s) Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Contingencies: Backup Contract/Call LA Room Types: Family Room; Great Room; Laundry; Media Room; Sauna Acreage Description: 1/2 To Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
35000000
Occupant Type
Owner

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
182
Street Name
Bal Bay
Street Suffix
Drive
City Name
Bal Harbour
Municipal Code
12
State Or Province
FL
Postal Code
33154
Postal Code +4
1311
Postal Zip
33154
Subdivision Name
BAL HARBOUR RESIDENTIAL S
Area
2220
Elementary School
Ruth K. Broad Bay Harbor K-8
High School
Miami Beach
Parcel Number
1222260020230
Subdivision Number
2
Zoning
1100
Flood Zone
AE

Financial Information

Membership Fee Required YN
No
Tax Annual Amount
201790
Tax Year
2019
Tax Legal Description
BAL HARBOUR RESIDENTIAL SEC PB 44-98 LOT 24 BLK 1 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE IRREGULAR OR 19684-1

Status Change Information

Major Change Timestamp
2022-11-14T19:16:08Z
Major Change Type
Status Change
Status Change Date
2022-11-16
Under Contract Date
2022-09-29
Close Date
2022-11-14
Close Price
27828900
Buyer Financing
Cash

More Information

Buyer Details

Intended Use
Unknown/Withheld

Concessions

Seller Concessions
Yes
Seller Concessions Amount
340000

Price Calculations

Current Price To SqFt
2303.34

Section Details

Parcel Number MLX
0230

Originating Details

Originating System Key
331428502
Originating System ID
M00000151

Room Information

Room Name
Family Room
Great Room
Media Room
Sauna
Laundry
IDX
Listing Office: Coldwell Banker Realty
Last Updated: August - 11 - 2026
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