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Why Live in Bal Harbour

Bal Harbour, Florida, is a small, upscale community known for its luxury living, arts, and culture. Established in 1929, this Miami-area locale has evolved into an international destination with a European-style atmosphere. The community is renowned for its public art program, Unscripted Bal Harbour, and the Art Access Card, which provides free entry to South Florida's museums, including the Rubell Museum and Perez Museum Miami. Housing options range from modern high-rise condominiums along Collins Road to luxury estates in the gated Bal Harbour Village, many featuring water access and high-end amenities. The area is served by highly rated schools, including Ruth K. Broad Bay Harbour K-8 Center and Miami Beach Senior High, both offering advanced academic programs. Bal Harbour's shopping and dining scene is highlighted by the Bal Harbour Shops, an open-air luxury shopping center with brands like Chanel, Gucci, and Louis Vuitton, and dining options such as Carpaccio and The Grill at Bal Harbour. Outdoor attractions include pristine beaches, a scenic beach path, and the Bal Harbour Pier. The community is also anticipating the opening of a new waterfront park with green spaces and playgrounds. Bal Harbour boasts a crime rate significantly lower than the national average, contributing to its secure and peaceful environment. For healthcare, residents are 4.5 miles from Mount Sinai Medical Center, accessible via public transportation.

Home Prices in Bal Harbour, FL

Home Price Trends

Median Sale Price
$1,800,000
Median Single Family Sale Price
$11,150,000
Median Townhouse Sale Price
$31,000,000
Median 2 Bedroom Sale Price
$1,799,000
Median 1 Bedroom Sale Price
$649,000
Average Price Per Sq Ft
$1,621
Number of Homes for Sale
137
Last 12 months Home Sales
104
Months of Supply
15.80
Median List Price
$2,800,000
Median Change From 1st List Price
10%
Median Home Sale Price YoY Change
20%
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