96 Bal Cross Dr
Bal Harbour, FL 33154 · single_family · For Sale · 2 days on market
Asking price$7,800,000
6 beds 8 baths — sqft
Listed by Racheli Friedman · GuildStone Group LLC
Typesingle_family
Built2027
Price / sqft—
Est. value (own analysis)$10,800,000
Rent estimate (Zillow ZIP avg)$4,738/mo
HOANone
1 / 11
Show every detail
Statusfor_sale
Listed date2026-08-31
Removed date—
MLSMiamiMLS #A12080143
Coordinates25.89060, -80.12607
Address96 Bal Cross Dr
CityBal Harbour
StateFL
Zip33154
Listing ID5400439342
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33154)
Typical home value (ZHVI)$1,230,561
Typical rent (ZORI)$4,738/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $7,800,000 |
| Down payment (20.0%) | $1,560,000 |
| Loan amount | $6,240,000 |
| Closing costs (5.0%) | $390,000 |
| Total cash to close | $1,950,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $4,738$56,861 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,359$52,312 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $12,350$148,200 |
| Insurance (placeholder 0.8% of price) | $5,200$62,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $237$2,843 |
| Total operating expenses | $17,787$213,443 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $237$2,843 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 9045 Hawthorne Ave | single_family | 6 | 7 | 6,222 | $8,750,000 | 2026-06-26 |
| 8900 Bay Dr | single_family | 6 | 5 | 5,485 | $14,300,000 | 2026-04-14 |
| 9264 Dickens Ave | single_family | 6 | 4 | 3,692 | $4,350,000 | 2026-03-25 |
| 217 Bal Cross Dr | single_family | 6 | 7 | 5,402 | $10,800,000 | 2026-03-05 |
| 10241 E Broadview Dr | single_family | 6 | 6 | 5,888 | $12,800,000 | 2025-10-24 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1360 98th St | single_family | 6 | 7 | 3,724 | $6,499,000 | — |
| 9280 Byron Ave | single_family | 6 | 6 | 4,077 | $4,999,000 | — |
| 10203 Collins Ave Unit 2801 | condos | 6 | 8 | 8,993 | $69,500,000 | — |
| 919 92nd St | single_family | 6 | 7 | — | $16,150,000 | — |
| 9424 9432 Carlyle Ave | single_family | 6 | 4 | — | $4,250,000 | — |
| 1251 99th St | single_family | 6 | 7 | 5,538 | $7,490,000 | — |
| 9705 Collins Ave Units 1701N & 1702N | condos | 6 | 8 | — | $20,000,000 | — |
| 9407 E Broadview Dr | single_family | 6 | 8 | 6,906 | $24,700,000 | — |
10-year hold projection
IRR-12.1%
Equity multiple-1.07x
Total return (10yr)-$3,023,972
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $8,034,000 | -$161,131 | -$645,173 | $6,172,345 | $1,861,655 |
| 2 | $8,275,020 | -$164,898 | -$649,011 | $6,100,043 | $2,174,977 |
| 3 | $8,523,271 | -$168,751 | -$652,937 | $6,022,777 | $2,500,494 |
| 4 | $8,778,969 | -$172,692 | -$656,953 | $5,940,204 | $2,838,764 |
| 5 | $9,042,338 | -$176,724 | -$661,061 | $5,851,961 | $3,190,376 |
| 6 | $9,313,608 | -$180,848 | -$665,263 | $5,757,659 | $3,555,949 |
| 7 | $9,593,016 | -$185,066 | -$669,562 | $5,656,881 | $3,936,135 |
| 8 | $9,880,807 | -$189,380 | -$673,958 | $5,549,182 | $4,331,625 |
| 9 | $10,177,231 | -$193,793 | -$678,456 | $5,434,087 | $4,743,144 |
| 10 | $10,482,548 | -$198,306 | -$683,056 | $5,311,089 | $5,171,459 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.