Majestic Tower Homes for Sale

Majestic Tower is a luxury waterfront, luxury community in Bal Harbour, Miami-Dade County, Florida. Properties are priced from $3,300,000 to $7,000,000. Pure Equity lists homes in Majestic Tower 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 Majestic Tower 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 Majestic Tower Bal Harbour homes for sale as of October 2026. The median asking price is $3.37M. Asking prices run from $3.2M to $3.7M.

That is 16% above the Bal Harbour median of $2.92M. On a per-foot basis, homes here ask about $1,527 per square foot, compared with $1,440 across Bal Harbour. So the median price buys roughly 2,200 square feet of living area.

Listings here have averaged 38 days on the market. That is faster than the Bal Harbour average of 226 days. As a result, buyers here should be ready to write an offer soon after a showing.

Homes listed in Majestic Tower date from 1998, so they are about 28 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.

Condo buyers should also know Florida's 2022 condo safety law. It requires milestone structural inspections for buildings three stories or taller as they age. It also requires a structural integrity reserve study. Before you sign, request both reports and the current reserve balance.

Majestic Tower includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Majestic Tower is a condo building. Also request the association budget, recent minutes and any special assessments before you sign.

At a median near $3.37M, Majestic Tower sits in the luxury tier of Bal Harbour. Jumbo financing and proof of funds usually come up early in these negotiations.

Rentals in Majestic Tower have a median asking rent of $23,800 per month, across 2 active rental listings. For comparison, the Bal Harbour median is $6,500, so rents here run 266% higher.

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

Here is what the median Majestic Tower price means in Florida closing terms. At $3.37M, a 20% down payment comes to about $674,000, leaving a loan near $2.69M.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $9,429. Next, the intangible tax of 0.2% adds about $5,388. 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 $20,205 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 Majestic Tower 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.