CENTURY 21 Edge

Homes for sale inBal Harbour, Florida

Oceanfront luxury on Miami's most exclusive barrier island

122

Homes for sale

$2,974,500

Median list price

$1,691

Avg price / sqft

119

Median days on market

Bal Harbour sits at the northern tip of Miami Beach's barrier island, a compact village known for its oceanfront towers, the designer shops at Bal Harbour Shops, and a residential feel that's quieter than South Beach. This is a place for buyers who want ocean on one side and the Intracoastal on the other, with most life playing out in full-service condo buildings and a handful of waterfront homes along the bay. It suits second-home buyers, international owners, and anyone who prioritizes security, concierge service, and walkability to high-end retail.

The market here is overwhelmingly a condo market and firmly in the luxury tier — of 122 active listings, 115 are condominiums and 93 are priced above $1M, with a median list price of $2,974,500. Inventory moves slowly at this price point: median days on market sits at 119, and only one home closed in the last 12 months (at $6,150,000). Buyers should expect to shop among townhomes & condos and watch the just reduced listings, since there's meaningful range — from $223,000 up to $75,000,000 — across this corner of Miami-Dade County.

Bal Harbour is in Miami-Dade County, Florida.

Quick facts

$223,000 – $75M price range

1,871 sqft median home

$8,500/mo median rent

Leans buyer right now

Living in Bal Harbour

Bal Harbour is a small, affluent village at the northern end of the Miami Beach barrier island, bounded by the Atlantic Ocean on the east and Biscayne Bay's Intracoastal waters to the west. It's best known for Bal Harbour Shops, an open-air luxury retail destination, and for the row of oceanfront condo towers that define its skyline. The village has a deliberately residential, security-conscious atmosphere — quieter and more buttoned-up than the nightlife scene of South Beach a few miles south.

The result is a place that draws second-home owners, international buyers, retirees, and professionals who want a lock-and-leave lifestyle with ocean access. Life here largely revolves around full-service condo buildings with concierge, valet, pools, and beach service, plus the walkable retail and dining at the Shops. It's a compact footprint, so residents trade sprawling yards and acreage for views, amenities, and proximity to the water.

If you value privacy, security, and a polished coastal setting, Bal Harbour delivers. What it doesn't offer is a traditional neighborhood of single-family streets — this is a vertical, condo-centric community where the ocean and the Intracoastal are the main attractions, and where owning means buying into building life.

Neighborhoods and communities in Bal Harbour

Because the village is small and built around its waterfront towers, "neighborhoods" here really means individual buildings and their addresses. Notable communities include Oceana Bal Harbour Condo, The Palace At Bal Harbour, The Plaza Of Bal Harbour, Harbour House, Balmoral Condo, Bal Harbour 101 Condo, and Bal Harbour Center Condo, among others. Each has its own character, amenity package, and price position, so the building you choose matters as much as the location.

Most of these are oceanfront or bayfront, which is why 108 of the 122 active listings are classified as waterfront homes. Some buildings are newer luxury towers with extensive services, while others are long-established cooperatives and condos — the housing mix includes 115 condominiums and 5 stock cooperatives. Cooperatives can carry stricter approval and ownership rules, so understand the structure before you make an offer.

Gated options are limited — only 4 active listings are tagged as gated — and there are a small number of 55+ listings. Buyers who want outdoor swimming beyond building pools can filter for the 19 listings with a pool. The practical approach is to shortlist buildings by amenities, rules, and water orientation, then compare available units within each.

Homes for sale in Bal Harbour: prices and housing

Bal Harbour is a luxury market, plain and simple. The median list price is $2,974,500, and 93 of the 122 active listings are priced above $1M. The average price per square foot is $1,691, with a median home size around 1,871 square feet. Prices span an enormous range — from $223,000 at the entry end to $75,000,000 at the top — so there's room for both pied-à-terre buyers and ultra-luxury purchasers, though the bulk of inventory sits well into seven figures.

The housing stock is overwhelmingly attached: 115 condominiums, 5 stock cooperatives, and just 2 single-family residences. New construction is rare in this built-out village, with only 2 active listings in that category, so most buyers will be looking at existing or recently delivered units in townhomes & condos. Single-family seekers should expect scarcity and a premium when a house does come to market.

On carrying costs, property taxes run a median of about $23,126 per year, consistent with the high valuations here. Monthly HOA figures weren't captured in the current data, but full-service oceanfront buildings typically carry substantial dues covering staff, amenities, insurance, and reserves — always verify the exact number for a specific unit. The market moves slowly at this tier: median days on market is 119, and of the homes that sold in the last year, sellers averaged 100% of asking, with one recorded sale at $6,150,000. Watching the just reduced listings can reveal negotiating room.

Schools in Bal Harbour

Bal Harbour is served by Miami-Dade County Public Schools. Based on the available data, the most commonly assigned schools include Ruth K. Broad Bay Harbor K-8, with Nautilus and Miami Beach Senior High also appearing in the zoning, and Miami Edison in the mix as well. Because school assignments depend on the exact address and can change from year to year, confirm the current zone directly with the district before relying on any specific school.

Many families in a luxury market like this also consider private and independent school options in the greater Miami area. If schools are a priority, it's worth touring both the assigned public schools and nearby private alternatives.

The safest approach is to use the official Miami-Dade County Public Schools school-locator tool with the specific property address you're considering. That ensures you're seeing the real, current assignment rather than a general area description.

Getting around Bal Harbour

Specific drive times weren't provided in the data, but Bal Harbour's location on the barrier island shapes how you move around. The village is connected to the mainland and the rest of Miami Beach primarily via Collins Avenue (A1A), the main north-south artery running along the coast, with causeways linking to Miami to the west. Day to day, much of village life — shopping, dining, and the beach — is walkable, which is part of the appeal.

For trips off the island, you'll rely on Collins Avenue and the nearby causeways to reach mainland Miami-Dade, downtown Miami, and the airport corridors. Traffic on the barrier island can be heavy at peak times and during season, so build in extra time for drives south toward South Beach or west across the bay.

Because many residents here are second-home owners or use lock-and-leave schedules, the walkable village core and proximity to the water matter more than long commutes. Still, confirm the specific drive times that matter to you — to work, the airport, or family — before committing to an address.

Is Bal Harbour a good place to live?

For the right buyer, Bal Harbour is excellent — a polished, secure, oceanfront village with walkable luxury retail and a lock-and-leave condo lifestyle. If you want full-service buildings, ocean and Intracoastal access, and a quieter alternative to South Beach, it's hard to beat. The 122 active listings give meaningful selection across buildings and price points, from a $223,000 entry unit to top-tier residences.

The honest trade-offs are price and property type. This is a luxury market — median list price near $2,974,500, average $1,691 per square foot, and 93 listings above $1M — and it's almost entirely condos and co-ops, with just 2 single-family homes among the active listings. It also moves slowly, with a 119-day median on market, so buyers should be patient and sellers realistic, even though recent sales held at 100% of asking.

If your priorities are a traditional house with a yard, budget-level pricing, or a fast-moving market, Bal Harbour likely isn't the fit. But if you want waterfront, security, and concierge living in one of Miami's most exclusive enclaves, it's a strong choice — browse the waterfront homes and open houses this week to get a feel for what your budget buys.

Fresh on the market

Newest homes in Bal Harbour

View all 122 homes →

Find your fit

Most popular Bal Harbour searches

The numbers that matter

The Bal Harbour market

Leans buyer

122.0 months of inventory

Seller’s marketBuyer’s market

Inventory is building — buyers have leverage and time.

1

Sold, last 12 months

$6,150,000

Median sold price

100%

Sale-to-list ratio

What sellers actually get vs asking

0 days

Median time to sell

Bal Harbour vs Miami-Dade County

Median list price

Bal Harbour$3.0M
Miami-Dade Co.$598K

Price per sqft

Bal Harbour$1691
Miami-Dade Co.$479

Days on market

Bal Harbour119d
Miami-Dade Co.76d

Live Stellar MLS data — listings and closed sales in Bal Harbour, FL. Rolling medians smooth single-month swings in thin markets.

For the school run

School zones with homes for sale

Assigned schools as reported on active MLS listings — always verify zoning with the district.

Beyond the listings

Living in Bal Harbour

01

Oceanfront condo living

115 of 122 active listings are condominiums, most in full-service towers along the Atlantic and the Intracoastal.

02

Nearly all waterfront

108 of the active listings are waterfront, so ocean or bay access is the norm rather than the exception here.

03

A true luxury market

With 93 listings above $1M and a median list price near $2.97M, Bal Harbour sits firmly in Miami's top tier.

04

Designer shopping at your door

The village is anchored by Bal Harbour Shops, giving residents walkable access to high-end retail and dining.

05

Patient, high-value sales

Homes here take time — a 119-day median on market — but sellers averaged 100% of asking on recent sales.

Population

3,055

Median age

53.8

Median income

$80,806

Median home value

$1,823,500

What people here are into

Lifestyles

Top 1% in the U.S.

Wealth Signaling

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Appearance oriented

Top 11% in the U.S.

Men's Style

This population is all about finding the latest in men's style - from fashion to grooming. Captures guys looking to stay on trend and significant others assisting with shopping.

Entertainment

Top 15% in the U.S.

Party Life

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Relationships

Top 16% in the U.S.

Networking

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Appearance oriented

Top 22% in the U.S.

Fitness Fashion

Workout clothes aren't just for working out anymore. This population enjoys wearing name-brand athletic apparel for fashion and functional purposes.

Appearance oriented

Top 22% in the U.S.

Smart Chic

Passionate about style, smart chic searches high and low for the perfect look - but not one that will break the bank.

What it really costs

Owning here

Owning the median Bal Harbour home

≈ $17,809/mo

Principal & interest $15,672
Property tax $1,927
Insurance (est.) $210

$2,974,500 median · 20% down · 30-yr fixed at 6.9% · taxes/HOA from live listing data · insurance is a Florida estimate.

0%

In a FEMA flood zone

Most homes here sit outside high-risk zones

$8,500/mo

Median rent

130 homes for rent right now

Straight answers

Bal Harbour real estate FAQs

Is Bal Harbour a good place to live?+

It's one of the most exclusive residential enclaves in greater Miami, built around oceanfront condo towers, the Bal Harbour Shops, and a small, security-focused village feel. It suits buyers who want full-service buildings, walkability to luxury retail, and both ocean and Intracoastal access. The trade-off is that it's a small, high-priced market with very little single-family inventory.

Is Bal Harbour expensive?+

Yes — it's among the priciest markets in Miami-Dade. The median list price is $2,974,500 and the average price per square foot is $1,691, with 93 of 122 active listings priced above $1M. That said, the range runs from $223,000 to $75,000,000, so you can browse by price to find the lower end of the condo market.

What do homes cost in Bal Harbour?+

The median list price is $2,974,500, with active listings spanning $223,000 to $75,000,000. The median home size is about 1,871 square feet at an average of $1,691 per square foot. Most of what's for sale sits in luxury oceanfront and bayfront condo buildings.

How is the Bal Harbour real estate market?+

It's a slow-moving luxury market with limited turnover — median days on market is 119 and only one home closed in the last 12 months, at $6,150,000. Interestingly, sellers averaged 100% of asking on that activity, suggesting well-priced properties hold their value. With 122 active listings, buyers have selection but should be patient.

What about HOA fees and property taxes in Bal Harbour?+

Property taxes run a median of about $23,126 per year, reflecting the high values here. HOA dues weren't reported in the current data, but expect significant monthly fees in these full-service oceanfront towers, which typically cover amenities, staff, and building operations. Always confirm the exact HOA figure for any specific condo you're considering.

What are the schools like in Bal Harbour?+

Students are commonly assigned to Ruth K. Broad Bay Harbor K-8, with Nautilus and Miami Beach Senior High also appearing in the zoning, plus Miami Edison in the mix. School boundaries can change, so confirm the current assignment for any address directly with Miami-Dade County Public Schools. Many luxury-market families also weigh nearby private school options.

Is there new construction in Bal Harbour?+

New construction is scarce in this built-out village — only 2 of the 122 active listings are new construction. Given the limited land, most new product arrives as newer or recently delivered condo units rather than ground-up communities. You can track available new construction as it comes to market.

Are there single-family homes or waterfront options in Bal Harbour?+

The market is almost entirely condos — just 2 of 122 active listings are single-family residences, so single-family homes are rare and command a premium. Waterfront is the defining feature, with 108 active listings offering ocean or bay frontage. Buyers who want outdoor space can also look at the 19 listings with a pool.

Keep exploring

Nearby areas

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Stellar MLS. Market statistics are computed from listing and sold data and change as the market moves.

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