Bal Harbour Residential S Homes for Sale

Bal Harbour Residential S is an age-restricted 55+ community in Bal Harbour, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $11,500,000 to $13,500,000. At least one resident per home must be 55 or older. Pure Equity lists homes in Bal Harbour Residential S and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Bal Harbour Residential S and the Bal Harbour area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 4 Bal Harbour Residential S Bal Harbour homes for sale as of September 2026. The median asking price is $9.65M. Asking prices run from $7.8M to $11.5M.

That is 239% above the Bal Harbour median of $2.85M. On a per-foot basis, homes here ask about $2,261 per square foot, compared with $1,399 across Bal Harbour. So the median price buys roughly 4,250 square feet of living area.

Listings here have averaged 316 days on the market. That is slower than the Bal Harbour average of 206 days. Because of that, buyers often have more room to negotiate on price, repairs or closing costs.

Homes listed in Bal Harbour Residential S date from 1948 to 1950. That puts them between 76 and 78 years old.

All of these homes predate Florida's 2002 statewide building code. So roof age, window protection and the wind mitigation report matter a great deal for insurance.

In addition, most Florida insurers ask for a four-point inspection on homes 30 years or older. It covers the roof, electrical, plumbing and HVAC. Updated systems usually make coverage easier to place.

At a median near $9.65M, Bal Harbour Residential S sits in the luxury tier of Bal Harbour. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Bal Harbour Residential S have a median asking rent of $25,450 per month, across 4 active rental listings. For comparison, the Bal Harbour median is $7,500, so rents here run 239% higher.

For investors, those medians imply a gross yield near 3.2% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Bal Harbour rentals or ask us for a rent estimate on a specific Bal Harbour Residential S home.

Here is what the median Bal Harbour Residential S price means in Florida closing terms. At $9.65M, a 20% down payment comes to about $1.93M, leaving a loan near $7.72M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $27,020. Next, the intangible tax of 0.2% adds about $15,440. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $57,900 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Bal Harbour Residential S listings show assignments to Ruth K. Broad Bay Harbor K-8 (elementary) and Miami Beach (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.