Balani Sub Homes for Sale

Balani Sub is a residential community in Miami, Florida. Active listings are currently priced from $870K–$870K.

Pure Equity Realty covers Balani Sub and the Miami 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 2 Balani Sub Miami homes for sale as of October 2026. The median asking price is $885,000. Asking prices run from $880,000 to $890,000.

That is 37% above the Miami median of $645,000. On a per-foot basis, homes here ask about $424 per square foot, compared with $509 across Miami. So the median price buys roughly 2,100 square feet of living area. With so few listings, though, treat these figures as a snapshot rather than a trend.

Listings here have averaged 159 days on the market. That tracks the Miami average of 144 days, so pricing and terms follow the wider city market.

Homes listed in Balani Sub date from 2004 to 2005. That puts them between 21 and 22 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Here is what the median Balani Sub price means in Florida closing terms. At $885,000, a 20% down payment comes to about $177,000, leaving a loan near $708,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $2,478. Next, the intangible tax of 0.2% adds about $1,416. 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 $5,310 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 Balani Sub listings show assignments to Bowman Ashe/Doolin K-8 Academy (elementary), Lamar Louise Curry (middle) and John A. Ferguson (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.