Bal Harbour Residential S
Homes for Sale in Bal Harbour, FL

Bal Harbour Residential S market snapshot (as of September 12, 2026): the median sale price is about $21.08M ($3766 per sq ft over the trailing 12 months of closed sales), and a median 86 days on market for closed sales. The trailing-12-month median is up 28% from the prior 12 months, computed from record-level MIAMI MLS closed sales (6 closings in the current window).

This is an ultra-high-end enclave where pricing is set deal by deal rather than by a broad, liquid comp set — the small number of annual closings means each sale carries outsized weight on the statistics.

When a community closes only a handful of properties a year, standard market indicators — median price, median price per square foot, year-over-year change — stop behaving like averages and start behaving like a list of individual outcomes. The $3,978.68 per-square-foot figure and the $31,000,000 median should be read as descriptions of what recently sold, not as a forecast of what the next listing will command.

The MLS record does not surface a defined amenity package for this address, which is typical when listings are dominated by direct waterfront or estate-style properties marketed on the merits of the specific parcel and structure rather than a shared building or community feature set. Buyers and sellers should expect diligence to center on the individual property — land, structure, water access, view corridor — rather than on a common set of community offerings.

In a market this thin, the comparable-sales analysis is the deal. We pull and vet the actual closed transactions behind the headline numbers — not just the median — so pricing decisions rest on verified specifics rather than a statistic built from five data points.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.